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[Testnet introduction & simple interaction 🧵|Binance-incubated Hana Network🌸]
🔸Hana Network (@HanaNetwork) aims to become the privacy center of the blockchain and protect the privacy of users' on-chain assets.
🔸Hana was incubated by Binance labs and has also reached cooperation with Eigenlayer and Babylon.
🔸Hana has launched the V1 test network and will launch the mainnet in Q4, indicating that it will give back to early contributors.
Below is the project introduction and simple interaction method.
🧵👇

❓Why do we need Hana? What is Hana?
Data on the blockchain allows anyone to access it publicly, which brings transparency.
But this also means that on-chain data will be continuously monitored and analyzed by third parties. For large companies and enterprises, on-chain transparency often hinders them from entering the blockchain.
▪️Many existing privacy solutions have their own problems: closed ecosystem, used for money laundering, too complicated to get started, etc.
🔸Hana is unique in three ways:
1⃣A privacy layer that connects the entire chain ecosystem
▪️Hana is a privacy network whose main products are:
"Layer0 privacy computing layer based on zK-UTXO model" and "Hana transmission protocol that connects other ecosystems"
Note: Layer0 here refers to the infrastructure layer that supports L1.
▪️Hana transmission protocol uses TSS mechanism and zero-knowledge proof to anonymize interaction, so as to interact with multi-chain ecological assets including Bitcoin and EVM chain while ensuring user privacy.
2⃣ Compliance privacy solution
▪️Hana allows users to generate proof of deposits through key generation to indicate the source of withdrawn funds, and can also adopt privacy pools to allow users to prove that they are separated from illegal funds.
▪️Hana can also use eKYC (electronic identity verification) to help companies confirm user identities without having to disclose all personal information
.
3⃣ Simple and private user experience
▪️Hana SDK can be integrated into existing Dapps and wallets with one click, allowing users to set transaction content to private
.




🤝Partners/Supporters
🔸As mentioned above, Hana is one of the Binance Labs S5 incubation projects.
Other projects in the same period include DappOS, Mind network, zkPass, etc.
🔸In addition, Hana has also reached cooperation with Eigenlayer and Babylon.
Users can stake ETH and BTC to maintain privacy
network.


🪂Interactive test network—Hana gateway🌸
🔸Hana Gateway is the first use case of Hana Network.
🔸Its purpose is to replace centralized exchanges and become a gateway platform connecting on-chain and off-chain.
▪️Hana Gateway uses zkSNARK verification, eliminating the need for user KYC while retaining transaction information privacy.
▪️Use Web2 payment (Wise and Paypal) to realize peer-to-peer transactions of fiat currency and crypto assets.
🔸Hana Gateway has launched the v1 testnet, and the v2 version will be launched in Q2 this year. According to its Official Twitter, although it has not been clarified whether there will be an airdrop, it has stated that it will value early contributors.
🔸For now, there are two ways to become an early contributor: testnet interaction + Dc Hanami role.
1⃣Discord Hanami Role🌸
▪️Active community members, mentoring newcomers, creating educational content, etc. will have the opportunity to obtain special roles in Dc.
▪️Hana network will be launched on the mainnet in Q4 this year, and this role will play an important role.
▪️Medium details: medium.com/hananetwork/hanami-...…
▪️Discord: discord.com/invite/GC3b8a74Mg…
2⃣Testnet Interaction🧵
The test network is currently in the V1 stage and its functions are relatively simple.
▪️Navigate to Gateway: gateway.hana.network
▪️Register and log in using a Google account (the login password cannot be reset, please keep it for yourself)
▪️Wait for about 10 seconds, the test coins will be automatically sent to the abstract account wallet (not your own Metamask wallet)
▪️Copy the abstract account address and paste it into the #address-sending channel of Dc.
🔸Due to account abstraction and the website's built-in wallet, it is meaningless to transfer to your own and other people's Metamask wallets, so you need to enter DC to find the address sent by others.
▪️Copy other user addresses, return to Gateway, click Transfer, paste the DC address and send tokens (keep daily interactions)
▪️Waiting for the V2 testnet version in Q2 and the mainnet launch in Q4.




From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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