Just found a possible side chain for Nano to operate on. Which provides privacy and cross-chain access to Bitcoin, Monero, Ethereum, ERC-20 Tokens, Binance Chain, Ziliqa, and Tomo Chain currently and with future support for Ontology, Ripple, NEO, Cosmos, and EOS.
So the project is called Incognito, they aim to bridge as many networks as possible and allow for private sends within the Incognito network. Users can send out of the Incognito network back to the native BTC, ETH, XMR, etc network without ever exposing their initial account. I love nano, but the lack of privacy makes it unusable for me. Having a decent cross-chain "mixer" like this makes me more comfortable about moving funds from my HODL account to my SPEND account. This can also increase the accessibility to our network allowing for anyone with some crypto to swap for nano through their private DEX. The project is still young but they already have $22Mil worth of assets "shielded". Do you all think it would be worth petitioning to get Nano's chain supported on here as well? How the shielding works:https://we.incognito.org/t/shielding-cryptocurrencies-turning-any-cryptocurrency-into-a-privacy-coin/83 Example swap of BTC to XMR using the pDEX:https://we.incognito.org/t/buy-and-sell-monero-xmr-confidentially-without-kyc/415 Note: Block times are currently 40 seconds, and it would cost you 0.01% to unshield your funds, so like $0.10 for every $1000 that you ran through the network. Seems worth it for some privacy.
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@BinanceResearch: New #Binance listing: @thorchain_org $RUNE. #THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, #Ethereum, and #Bitcoin. Read the #RUNE research report👇 https://t.co/eOqyagUqvQ
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