Mystiko.Network integrates with Celer IM to provide cross chain private transactions

Published on: 01.02.2022

Mystiko.Network, the private base layer of web3, will leverage Celer IM framework as the relayer of the cross-chain message for the privacy preserving transactions. Celer Inter-chain Message Framework (“Celer IM”), a flagship product of Celer Network, provides a “plug’n’play” upgrade for developers to build inter-chain-native dApps with simple single-click user experience that benefits from much higher liquidity efficiency and coherent application logic.

Mysitko.Network is created as the base layer of web3. Mystiko.Network believes that personal data privacy, especially personal financial data privacy, is deeply rooted in everyone’s blood of freedom. While every transaction is public and visible to all on blockchain, one often feels awkward when his/her account balances, assets holdings, investment records, etc. are exposed to a public glass box.

At this moment, Mystiko.Network is integrating with Celer inter-chain message framework to provide cross chain private transaction features. Here is a brief workflow of such integration. Mystiko.Network will also explore and utilize other inter-chain communication protocols, such as Cosmos IBC, to enable cross-chain private transactions across all EVM-compatible and non-EVM chains.

About Celer Network

Celer Network is the leading inter-blockchain and cross-layer communication platform that facilitates fast, secure, and low-cost cross-chain composability and bridging. Celer’s core applications and middleware like the Inter-chain Message Framework, cBridge, and Layer2.Finance have attracted important blockchain contributors and massive end users in the DeFi, blockchain interoperability, and gaming spaces to build and use inter-chain native applications enabled by the Celer tech suite.

About Mystiko.Network

Mystiko.Network is the base layer of web3 that provides both connectivity and confidentiality to all blockchain data, transactions and applications. Mystiko.Network offers users a single-click cross chain private transaction experience in an all-in-one wallet that supports multiple blockchains and cross chain bridges. Mystiko Protocol utilizes secure zero-knowledge proof technology together with advanced encryption and shield address designs to break the link between users’ deposit wallet address on source chains and withdrawal address on destination chains.

🔽DETAILS:

https://medium.com/@Mystiko.Network/mystiko-network-integrates-with-celer-im-to-provide-cross-chain-private-transactions-45594278a674

Market Stats:
BTC Dominance: 56.62%(-0.08%/24h)
ETH Dominance: 12.12%(+0.00%/24h)
Defi Market Cap: $110.03B(+9.94%/24h)
Total Market Cap: $3286.17B(-0.97%/24h)
Total Trading Volume 24h: $164.63B(-3.18%/24h)
ETH Market Cap: $398.59B
Defi to ETH Ratio: 27.6%
Defi Dominance: 3.2%
Altcoin Market Cap: $1425.55B
Altcoin Volume 24h: $101.43B
Total Cryptocurrencies: 33250
Active Cryptocurrencies: 10590
Active Market Pairs: 96888
Active Exchanges: 779
Total Exchanges: 9861
BTC: 93937.29$(1.67%/1H)
ETH: 3311.36$(2.26%/1H)
AVAX: 37.15$(3%/1H)
BNB: 695.97$(1.82%/1H)
MATIC: 0.46$(2.19%/1H)
FTM: 0.65$(4.11%/1H)
ADA: 0.93$(3.78%/1H)
DOT: 6.76$(2.62%/1H)
UNI: 12.85$(3.18%/1H)
CAKE: 2.35$(3.37%/1H)
SUSHI: 1.5$(3.8%/1H)
ONE: 0.02$(4.37%/1H)