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Namada

Namada

Introduction

Namada¬†is a Proof-of-Stake layer 1 protocol for asset-agnostic, interchain privacy. Namada is Anoma’s first fractal instance and is currently being developed by¬†Heliax, a public goods lab.

Key innovations include:

  • Zcash-like transfers for any assets (fungible and non-fungible)
  • Rewarded usage of privacy as a public good
  • Interoperability with Ethereum via a custom bridge with trust-minimisation
  • Vertically integrated user interfaces

Overview of features

  • Proof-of-Stake with governance to secure and evolve Namada
  • Fast-finality BFT with 4-second blocks
  • Near-zero fees
  • Trustless 2-way Ethereum bridge via IBC implementation on ETH
  • IBC bridges to chains that already speak IBC (all Cosmos chains)
  • MASP
  • Convert Circuit (shielded set rewards)
  • A reference interface
  • Ledger application
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