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EIP #36 Privacy Tech in Review: ZK Money

Voting ended almost 4 years agoSucceeded

At ZKV we support innovation in privacy within the blockchain space. During a recent brainstorming session, we thought it would be cool to showcase forward-thinking privacy-focused projects here on the blog. And so we are launching a series of articles reviewing the user experience and tech behind exciting projects in the space — welcome to Privacy Tech in Review by ZKV. The first product we will try out is zk.money by Aztec Protocol. As we have covered in other articles, Aztec is one of the projects building zero-knowledge tech to improve privacy in the blockchain space. ZKValidator is also an Aztec investor. That being said, what is zk.money? In a few words, zk.money is a Layer 2 privacy rollup which allows any Ethereum user to shield transactions and balances in DAI and ETH. The word “shielding” is underpinned by a zkSNARK (Zero-Knowledge SucciNct ARguments of Knowledge, a type of cryptographic) proof that protects the user’s privacy. Sending and receiving a token is anonymous, and does not publicly publish any of the transaction data.

Off-Chain Vote

YES
364 Dev68.7%
NO
166 Dev31.3%
Quorum:53000%
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Timeline

Mar 31, 2022Proposal created
Mar 31, 2022Proposal vote started
Apr 02, 2022Proposal vote ended
Oct 11, 2024Proposal updated