With a16z and Paradigm co-leading an investment round, is @aztecnetwork, a top-tier privacy project that has raised over $100 million in total funding, about to unleash its big move?
Aztec will complete its on-chain public sale by the end of 2025, with over 50% of the funds coming from community members. This is no coincidence; it's the reward for years of dedicated community effort. On-chain execution combined with community-driven funding—this combination is rare.
According to recent community voting results, Aztec's TGE (Time Genesis Engineering) is in its final countdown. Advancing the project through governance processes demonstrates the team's emphasis on community input.
Let me briefly explain why I think it deserves close attention 👇
Aztec is one of the few Layer 2 projects in the Ethereum ecosystem that prioritizes privacy from the ground up. Instead of patching existing public chains, it embeds privacy capabilities into the protocol from the outset, with a clear goal: to ensure smart contracts inherently protect user privacy.
The team's background is also impressive. Many of the underlying tools used in ZooKeeper projects today, such as the PLONK proof system and the Noir zero-knowledge programming language, are essentially related to the Aztec team. It's fair to say they were the ones who first built much of the infrastructure for privacy computing.
Furthermore, regarding real-world applications, Aztec isn't just a concept; it has been rigorously tested and adopted by traditional financial institutions, demonstrating that its technology can be applied in real-world scenarios, not just in white papers. Ignition Chain is already running on the Ethereum mainnet, and it's a truly decentralized L2 blockchain.
What I'm particularly optimistic about is that privacy is transitioning from a "bonus" to a fundamental feature of blockchain. Aztec has already laid the groundwork, and real-world applications will gradually be launched, rather than just being a narrative.
If you're also interested in privacy, public blockchain infrastructure, or the next generation of on-chain applications, Aztec is definitely worth adding to your watchlist.
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