Raze Network Partners With StackOS
We are very honored to announce Raze Network reaches a strategic partnership with StackOS. They are an open protocol that allows individuals to collectively offer a decentralized cloud where people can deploy any full-stack application, decentralized app, blockchain privateness, and mainnet nodes.
Through this partnership, StackOs will deploy Raze Network’s website, and make Raze nodes deployable on the StackOS decentralized cloud. In addition to this, Raze Network will also be integrated as a support protocol to offer completely anonymous transactions.
One of the most distinctive features of StackOS that makes this partnership become a reality is that it allows users to run their private testnet to test their DApps privately. And the objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.
Raze uses public-key homomorphic encryption to ensure transaction and data details remain confidential and uses the “one-out-of-many” proof to hide the sender and receiver identities, and some other zero-knowledge proof schemes are used to guarantee the payment consistency. Whenever a user deposits a certain amount of token through invoking the mint module, the token is no longer traceable.
Both teams share many synergies in technical roadmaps and product-building philosophy.
Besides, 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 their 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:
“We believe this partnership can greatly benefit both teams in terms of technical collaboration. StackOS shares the same mindset as we do, and we are simply glad to establish contact with them and work on the privacy-preserving sector from now on together.”
About Raze Network
Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.