Privacy L2 Aztec TGE Announcement (2/12) #kol
▫️ TGE Schedule
• Date: Wednesday, February 12, 4:00 PM KST
* Public sale held in December of last year
▫️ Aztec
• Privacy-first Ethereum L2
• The first decentralized network to embed privacy at the protocol level
• Aztec Ignition Chain: Already producing live blocks on the Ethereum mainnet
• Series B: $100M raised (a16z lead)
• Taurus: Building Aztec-based confidentiality token/private security token standards
▫️ a16z Big Ideas 2026: Privacy by Default
• a16z envisions privacy by default in blockchain networks in 'Big Ideas 2026'
• "Privacy is not a competition of features, but a foundational technology for financial infrastructure"
• Programmable privacy will usher in a renaissance that expands on-chain adoption
• Aztec doesn't add privacy as an afterthought, but rather embeds it in the base layer.
▫️ Aztec technology currently used by privacy solutions
• PLONK (SNARK proof system): Used by zkSync, Polygon, Mina, Solana, Stellar, Starkware, World, and others
• Noir (ZK development language): Rapidly growing developer community (Electric Capital)
• Collaboration with Starknet on Noir proof verification
✖️ TGE Announcement 🟢 TGE Page
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a16z predicted privacy defaults at Big Ideas 2026, and indeed, many privacy-related projects have garnered attention this year. The TGE timing is a bit disappointing, but we hope the sale participants enjoy it!