Aztec Connect

It is reported that Aztec Network did not decide to abandon its Aztec Connect private payment product due to regulatory concerns, but only for “commercial” reasons. The company is moving from supporting its own payment products to developing software tools for use by decentralized communities. On March 13, the company announced that it would discontinue one of its projects, Ethereum Zero Knowledge (ZK) Aggregation Aztec Connect. It stopped accepting new deposits on March 23rd, but will allow withdrawals for another year. Interpretation of this information: The news regarding the discontinuation…

On February 23, a16z sent a paper introducing the cross-chain sealed bidding auction mode using Aztec Connect. It can provide privacy for bids of any size without additional collateral. Interpretation of this information: The recent paper by a16z on introducing the use of Aztec Connect for cross-chain sealed bidding auction mode highlights the importance of privacy in the blockchain space. The traditional auction mode has long been subject to concerns about transparency and fairness. In this regard, Aztec Connect eliminates the need for additional collateral and introduces complete privacy for…