Dec 6, 2022Tornado Cash Incident, Implications, and Mystiko’s RoleIntroduction On August 8th, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, a privacy application/virtual currency mixer that has been running on the Ethereum blockchain for three years. Unlike the previous sanction of Blender.io, …Cryptocurrency9 min readCryptocurrency9 min read
Nov 2, 2022Snapshot of Mystiko’s Technology IV -Mystiko’s Cryptographic Hash FunctionIntroduction In the previous post, a brief history of ZK-SNARK proving schemes and why a certain proving scheme was selected by Mystiko was explained. In this post, we will continue to cover Mystiko’s fundamental technology, especially on the cryptographic hash function and its application to Mystiko. If you are familiar with…Cryptocurrency4 min readCryptocurrency4 min read
Oct 5, 2022Snapshot of Mystiko’s Technology III — Choosing Zero Knowledge Proving SchemesIntroduction In previous posts, Mystiko’s core technologies, such as zk-SNARK and the concept of ‘Snarks of Snarks’, were briefly explained. In this post, we will take a little bit deeper look at Mystiko’s core technology by focusing on zero-knowledge proving schemes. …Cryptocurrency4 min readCryptocurrency4 min read
Sep 20, 2022The world’s first Auditable Zero-knowledge Private Transaction Feature is now live on Mystiko.Network!Privacy is a basic human right, but not for malicious and illegal activities. To protect the basic privacy rights for users with legitimate reasons from the bad actors exploiting on-chain privacy, Mystiko designed the first decentralized auditing system for onchain private transactions. The auditable zk feature is now alive on…Privacy4 min readPrivacy4 min read
Sep 12, 2022A Snapshot of Mystiko.Network’s Technology II — “Snarks of Snarks”Definition of ‘SNARKs of SNARKS’ In the previous post, the reason for choosing zk-SNARK over zk-STARK as Mystiko’s core technology was explained with a brief analysis of zk-SNARK vs. zk-STARK. In this post, we will go over another aspect of Mystiko.Network’s core technology — Snarks of Snarks. …Cryptocurrency5 min readCryptocurrency5 min read
Sep 2, 20221st Mystiko NFT Design Contest: The Foundation of Proof of Privacy (PoP)Be the OG and cornerstone of of Mystiko visual culture! 🔥 How does privacy looks like in your imagination? We are now calling for the 1st Mystiko Proof of Privacy (PoP) NFT design that will be the foundation of Mystiko NFT culture! Submit your design idea to build the visual culture of Mystiko! 👉 Application link. Concepts of Mystiko evolving Proof of Privacy (PoP) NFT design 💡 To futher build the visual…Cryptocurrency3 min readCryptocurrency3 min read
Aug 15, 2022A Snapshot of Mystiko’s Technology — Choosing zk-SNARK over zk-STARK for Affordable Privacy for EveryonePrivacy protection technologies in blockchain networks have always been regarded as important within the cryptocurrency industry for the wider adoption of blockchain usage. …Privacy5 min readPrivacy5 min read
Aug 4, 2022An Overview of Compatibleness of Public Blockchain and the Data Protection Law: A Deeper Look at GDPR and Mystiko’s RoleBlockchains are often praised as next-generation databases that promise to facilitate secure and efficient transactions among unknown parties. Due to its nature, blockchain has led to a new way of storing data and guaranteeing data integrity and transparency. …Law6 min readLaw6 min read
Jul 13, 2022Mystiko ZK Ambassador Program Kick-off!What is Mystiko ZK Ambassador? Mystiko ZK ambassadors are active volunteers from the Mystiko community, who are enthusiastic about blockchain technology, passionate about web3 privacy educaiton, and keen to advance the awareness and adoption of cutting-edge privacy and zero-knowledge proof (ZKP) technology for Web 3.0. Why become a Mystiko community ambassador ? If you want to be part of the building team…Crypto3 min readCrypto3 min read
Jul 5, 2022Mystiko.Network integrates with Layer Zero to provide private cross-chain transaction solutionsWe are excited to announce that Mystiko.Network, the private base layer of web3, has been successfully integrated with Layer Zero, an interoperability protocol designed to trustlessly enable direct transactions across all chains. LayerZero users can now exploit the fully-connected omni chain ecosystem with full privacy and its developers can build…Privacy2 min readPrivacy2 min read