Monsoon Finance is a state-of-the-art multi-chain privacy protocol committed to offering robust privacy services for Decentralised Finance (DeFi) users across all smart contracts blockchain. The protocol employs zero-knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) to unlink cross-chain and wallet-to-wallet transactions, ensuring absolute privacy.
Monsoon's Privacy Services
Monsoon Finance is in the process of constructing three major privacy services: a wallet-to-wallet privacy tool, a multi-chain privacy bridge, and a multi-chain privacy Decentralised Exchange (DEX). These services aim to revolutionize DeFi transactions by maintaining absolute privacy and security.
Wallet-to-Wallet Privacy Tool
Monsoon's wallet-to-wallet privacy tool is a unique product, derived from Tornado Cash, and designed to support multiple EVM blockchains. These blockchains range from BSC, Polygon, Avalanche, Moonbeam, Acala, and more, with an in-built protocol fee serving as a security measure.
Multi-Chain Decentralized Privacy Bridge
The multi-chain decentralized privacy bridge is a groundbreaking service that allows users to transfer assets across any blockchain in a completely private and decentralized manner. Monsoon nodes, powered by MCASH, validate these cross-chain transactions. However, these transactions employ zk-SNARKs, ensuring nodes and any third-party observers cannot link deposits to withdrawals, fostering complete privacy.
Decentralized and Private Transactions
For transactions to be processed, a majority consensus among staking nodes must be realized, ensuring that the process remains decentralized and private. This unique approach to transaction processing protects user assets while maintaining the privacy and security necessary in the DeFi space.
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