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The privacy agreement Nocturne invested by V God closed the v1 v
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Date:2024-04-22 18:33:22 Channel:Trade Read:
In the wave of the digital age, Nocturne, a privacy protocol in which Buterin participated, closed the v1 version and turned to application products, which aroused heated discussion and attention in the industry. Behind this transformation lies profound technological changes and business model transformation, which also demonstrates Buterin’s leading position in the digital economy. This article will explore this change in depth from multiple angles, analyze the reasons and significance behind it, and lead readers to explore a new era of privacy and applications in the digital age.With the rapid development of the information age, privacy protection issues have attracted much attention. As a pioneer of blockchain technology, Buterin has been committed to building a safe and reliable privacy protection mechanism. Nocturne, as its privacy protocol product, has always attracted much attention. However, with the continuous evolution of the digital economy, Buterin decided to close the v1 version of Nocturne and shift its focus to application product development. What are the considerations behind this decision?First of all, the privacy agreement Nocturne closed the v1 version and turned to application products, which means Buterin has a keen insight into market needs and technology trends. With the gradual popularization and application of blockchain technology, users' demand for digital asset management and transactions continues to grow. Buterin decided to shift his focus to application products to better meet the actual needs of users and improve user experience. It can be said that it is a wise move to follow the trend.Secondly, the privacy agreement Nocturne closed the v1 version and turned to application products, which also reflects Buterin’s continuous pursuit of technological innovation. As a leader in blockchain technology, Buterin has always adhered to the concepts of openness, sharing, and innovation, and continuously promoted the development and application of blockchain technology. By closing the v1 version of Nocturne and turning to application products, Buterin is expected to explore more innovative possibilities in the application field and inject new vitality into the development of the digital economy.In addition, the privacy agreement Nocturne closed the v1 version and turned to application products, which also means Buterin’s rethinking of the business model. With the vigorous development of the digital economy, business model innovation has become the key to the sustainable development of enterprises. By turning to application products, Buterin is expected to achieve new breakthroughs in business models, expand a broader market space, and achieve sustainable development.In general, Nocturne, the privacy protocol invested by Buterin, closed the v1 version and turned to application products, marking the arrival of changes in the digital age. This transformation not only reflects Buterin’s accurate grasp of market demand and technological trends, but also demonstrates its continuous exploration of technological innovation and business models. In the wave of the digital age, the balance between privacy and applications will become the focus of attention, and Buterin’s transformation will undoubtedly lead the development direction of the industry and open a new chapter in the digital age. May we jointly witness the changes in the digital era and jointly create a bright future for the digital economy.The four most famous international exchanges:
Binance INTL
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China Line APP DL China Line APP DL
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China Line APP DL
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Coin Circle (120bTC.COM) News: In October last year, it received US$6 million in seed round financing from Bain Capital Crypto and Polychain.
Capital co-led the round, with Vitalik
Nocturne, a privacy protocol in which Buterin participated, announced today that it will shut down the v1 version it deployed on the Ethereum mainnet in November last year and will turn to the development of new "application products."
Team(Nocturne
Labs) stated that the initial goal of starting Nocturne was to promote account abstraction (AA) and expand the accessibility of cryptocurrencies. Account-level privacy is both one of AA’s most unique applications and one of the biggest public challenges in crypto. However, over the past year, they have realized that they need to move to open L2s and AA before focusing on privacy, as users are more concerned about cost and user experience. They argue that privacy issues will become a priority only after basic barriers are overcome.
New Direction
With advances in L2s, AA, and data availability, the overhead of building practical applications has been significantly reduced. They expect more new users to be exposed to cryptocurrencies in an easier way this cycle.
As more applications and practicalities emerge, Nocturne
Labs believes the need for privacy will re-emerge, but until then, they are focusing on the pressing issues facing technology and users today and will share more information about new products in the coming months.
Users can withdraw funds
For existing Nocturne v1 users, the team stated that they can withdraw funds on the Nocturne front-end, and that the platform’s deposit, trading, and staking services are now closed.
They further stated that they will launch a brand new product that is far more successful than Nocturne v1’s $500,000 TVL and $2 million monthly transaction volume.
The community gives more support to the team
In this regard, the community's response is mostly positive, and they are looking forward to Nocturne Labs' new products. Adeniyi Abiodun, the co-founder of Sui, did not forget to promote his public chain. He responded: Sui
Network natively supports Account Abstraction (AA) in its core protocol and supports zero-knowledge proofs, allowing you to build privacy-preserving applications, all at industry-leading low gas costs. Welcome to discuss cooperation at any time.
I'll answer.
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