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Matter Labs launches Prividium Connect for private cross-chain swaps

The service uses zero-knowledge proofs and supports private networks

№ 1728Published 1 min read

Matter Labs has launched Prividium Connect, a service for exchanging assets across blockchains without a trusted intermediary. ZKPs ensure transactions are atomic: transfers either complete simultaneously or fail entirely.

At launch, the service supports private networks based on Hyperledger Besu and Prividium Ledger. A separate version of the tool is available for public networks.

Interoperability fees on ZKsync Era are planned to be converted to ZK and distributed as determined by the community. Activation, integration and fee levels will require DAO approval.

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Matter Labs launches Prividium Connect | $uicideChain