Input Output published an article introducing Kachina, a smart contract solution for privacy protection

[Input Output published an article introducing Kachina, a privacy-protecting smart contract solution] On August 5th, Cardano development team Input Output published an article introducing Kachina, a privacy-protecting smart contract solution developed in cooperation with the University of Edinburgh. It uses ZK Snarks to enable users to Realize privacy protection and general smart contract functions without sacrificing decentralization. Input Output said the proposed design was mostly theoretical, but Kachina demonstrated the possibility of creating privacy-preserving smart contracts under real-life constraints.

Other news:

The Layer0 expansion project MarlinProtocol has supported the Cosmos network: On April 28th, the Layer0 expansion project MarlinProtocol announced that its gateways and relays have supported the Cosmos network. Marlin node operators can transmit Cosmos data, and Cosmos validators and full nodes can install Marlin gateways. Interact with the Marlin network.

In addition, FlowMint, the token distribution mechanism of the Marlin ecosystem, and staking rewards will support clusters serving the Cosmos network. [2021/4/28 21:07:33]

Cryptocurrency Payment Provider CoinPip Has Cessated Operations: Cryptocurrency payment provider CoinPip has shut down as Singapore incorporates cryptocurrencies into "anti-money laundering" rules, Jinse Finance reports. It is reported that since February 11, the company has suspended operations until further notice, indicating that the company will focus on reviewing the licensing requirements under the Payment Services Act of Singapore. [2020/3/12]

South Korean exchange Coinpia suspends fiat currency recharge transactions: According to coindoo: Due to failure to effectively respond to relevant regulations, especially the regulations on the Know-Your-Customer (KYC) policy, South Korean exchange Coinpia suspended fiat currency recharge transactions. Financial Services Commission (FSC) vice-chairman Kim Yong-Beom claimed to a local media outlet: “Dealers will not be allowed to deposit cryptocurrencies in virtual accounts opened by banks unless the name of the bank account matches the account. name in exchange". [2018/2/8]