Suterusu will build a Privacy layer on top of Harmony Blockchain

Today, we’re happy to announce that Suterusu will be working with Harmony to incorporate new privacy features to the Harmony blockchain.

Suterusu integration will add ZCash-level privacy to Harmony Protocol. It integrates a state of the art trustless zk-ConSNARK scheme with nearly constant size proofs, and efficient proof generation and verification. Suterusu provides privacy protection for several major blockchains and dapps, such as BTC and ETH already. By establishing a privacy-preserving layer-2 protocol on top of Harmony blockchain, Suterusu will bring anonymous payment, confidential transactions to the Harmony network.

Through the corporation, a thoroughly transparent layer-2 privacy-preserving of Harmony will definitely facilitate Defi and other decentralized applications more smoothly. We believe this kind of partnership will expand our ecosystem and enable better occupancy for confidential assets. The future of privacy is already here but unevenly distributed.

This partnership comes to support Harmonys’ fundamental goals to be achieved within 2020, as outlined within the Harmony 2020 Roadmap, and include: cross-border utility, decentralized development and auditable privacy.

Below you can find a summary of Harmonys’ 2020 goals related to privacy component at the Harmony development and product level:

Auditable privacy: (2 researchers, 10x cheaper primitives, 100k users)

Products: compliance, wallets, voting, dao, *quadratic funding

Transactions: zk proofs, confidential assets, *capacity-specific keys

Scaling: zk sync, libsnark integration & optimizations