PALO ALTO, Calif., Sept. 22, 2021 /PRNewswire-PRWeb/ -- Today Discreet Labs, one of the developers behind Findora, a public blockchain with programmable privacy, announced that developers can now deploy smart contracts via the Ethereum Virtual Machine (EVM) on the Findora Developer Network (Devnet). This EVM compatibility marks a major milestone towards introducing privacy for EVM smart contracts using the Findora open-source cryptographic library of zero-knowledge proofs, multi-party computation, and related privacy systems.
"The Findora EVM implementation not only signals a formal entry point for Findora into the DeFi market, but a long-term commitment to layer-one cross-chain interoperability with other ecosystems through trustless bridges," expressed Warren Paul Anderson, VP of Product at Discreet Labs, which is developing Findora. "As institutions continue to build out their DeFi strategy, we anticipate a growing need to make smart contracts more private using zero-knowledge proofs, which can protect user privacy and competitive intelligence."
Findora EVM compatibility means that developers can use Findora to:
- Deploy Ethereum pre-compiled smart contracts using Solidity
- Build and deploy DApps using Ethereum tools, such as Truffle
- Build trustless bridges with Ethereum and ERC-20 compatible networks
- Issue and transact with ERC-20 compatible tokens
The Findora Devnet is a public staging network that runs the latest upcoming beta releases for developers to test on before deployment on the Findora Anvil Testnet and Findora Mainnet Beta.
This Devnet release also makes Findora's FRA native token compatible with the EVM and ERC-20 standard, which means FRA can be used in MetaMask to access the growing Ethereum DeFi ecosystem of DApps, Automated Market Makers (AMMs), and Decentralized Exchanges (DEXs).
The next major milestone for Findora, which will be a major advancement for the entire crypto industry, is to introduce privacy for EVM smart contracts using the Findora open-source cryptographic library of zero-knowledge proofs, multi-party computation, and related privacy systems.
Developers are invited to start building DeFi projects on Findora Devnet, and contributing to the various open source repositories available on GitHub. Grants are also available to developers via the Findora Foundation.
If you are a developer that is interested in building on, or contributing to Findora, then read the documentation, and join the Discord channel for more information.
For media inquiries, please contact Nick Rodriguez at (310) 260-7901 or Nick(at)MelrosePR(dot)com
About Findora
Findora is a public blockchain with programmable privacy. Originally conceptualized as a university cryptography research project in 2017, and finally launched to the public in 2021, Findora utilizes the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability. For more information, please visit https://findora.org/.
About Discreet Labs
Discreet Labs believes our digital future is more private and self-sovereign and is building the technology necessary to achieve this vision. Discreet Labs combines the reliability and transparency of decentralized, public blockchains, together with the security and privacy of zero-knowledge proofs, to enable confidential transactions. Applications developed by Discreet Labs provide both the transactional privacy that institutions desire, along with the proofs of compliance that regulators require.
Media Contact
Nick Rodriguez, Melrose PR, (310) 260-7901, [email protected]
SOURCE Findora
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