The Mystiko Network, launched in March 2023, serves as the foundation of Web3. It aims to improve blockchain technology's scalability, interoperability, and security. By serving as a universal Zero-Knowledge (ZK) SDK, it enables developers to build blockchain applications that offer cost reduction, seamless scalability, and secure interaction across various chains. The platform focuses on safeguarding user data, keeping account balances, transaction histories, and other sensitive information confidential and secure.
Mystiko Network uses advanced cryptographic protocols and decentralized mechanisms to ensure privacy and security of blockchain transactions. It utilizes Zero-Knowledge Proof (ZKP) technology to validate transactions without revealing sensitive information. The network also supports cross-chain connectivity, allowing users to deposit assets on one blockchain and withdraw them on another without exposing transaction details. Additionally, it employs ZK-Rollup technology to batch multiple transactions together, reducing costs and improving scalability. A decentralized auditing system allows reputable auditors to view and audit suspicious transactions, balancing privacy with regulatory compliance.
XZK has a total supply of 1,000,000,000.
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