Coinpedia
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%

Namada

Namada company profile covering its platform overview, and features.

Interchain network

namada.netFounded 2022

About

Namada is a private Layer 1 blockchain designed for the multichain environment. It utilizes a proof-of-stake network and combines zero-knowledge cryptography technology with Multi-Asset Shielded Pool (MASP) to facilitate secure transfers within multiple blockchains and cryptocurrencies. The platform centers its efforts around privacy in Web3, cross-chain communication, shielded DeFi services, and improved data security for cryptocurrency holders. Key Features of Namada: • • Holders are incentivized to hold their assets within the shielded pool. • It provides a means of working with DeFi applications without revealing all wallet operations. • Protocol upgrades and community decisions are made via a voting mechanism. • Provides privacy for NFTs, stablecoins, DeFi cryptocurrencies, and other cross-chain tokens.

FAQs

  • Namada is a privacy-focused Layer 1 blockchain that enables shielded multichain transactions using zero-knowledge cryptography and proof-of-stake consensus.