Raze Network & Harmony Partnership Announcement

We are very glad to announce that Raze Network officially partners with Harmony, a fully evm compatible chain with an Ethereum to Harmony trustless bridge, focused on cross-chain applications.

Harmony also has a robust ecosystem-building strategy focused on creating partnerships that drive the adoption of the protocol. At scale, Harmony helps businesses tokenize their assets and incentivize user engagement.

Raze Network is a second-layer protocol that will provide cross-chain payment privacy for the entire DeFi stack of the Polkadot ecosystem. The core technical module of this network is a second-layer anonymous payment for the DeFi ecosystem, which we will apply the Zether framework to build.

In the talks with the Harmony team, we were happy to learn they had also studied intensively the Zether framework and built a bridge to the Polkadot ecosystem, and the team plans to launch a plonk, zero-knowledge-proof system and a cross-chain mixer with Polkadot too, which is something Raze Network is very interested in learning and helping harmony to achieve. Improving the anonymity of cryptocurrencies always intrigues us.

With that being said, both teams share great homogeneities in the technical roadmap, visions, and product design. We are simply glad to form a relationship with similar minds.

Raze team will use its Efficient Σ-Bullets algorithm, a self-developed algorithm based on the Σ-Bullets encryption proof mechanism of the open-source project Zether to encrypt user account balances and transactions, and this method allows Harmony audience to set up Private Account, and take advantage of the Private Payment Channel. In addition, the Mint, Transfer and Redeem technical abilities will allow the Harmony community to mint Private Tokens from Base Tokens on the contract at a ratio of 1:1 to anonymize the entire on-chain process.

Justin Kellerson, CEO of Raze Network says:

“Through this partnership, both projects can look back on our journeys and share the boon and bane we made along the way. The next step for us should be to keep close contact and explore the edge of Polkadot, Decentralized Finance, and the technology of privacy-preserving to eventually build a complete and robust infrastructure that helps tokenize the world in a truly decentralized and private way.”

About Harmony

Contact Harmony

About Raze Network

Contact Raze Network

Raze is a trustless zero-knowledge proof system designed specifically for decentralized finance.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store