Namada

Namada is a layer-1 protocol that utilizes a proof-of-stake mechanism for inter-chain privacy that is independent of specific assets. Namada achieves local interoperability with fast-finalizing chains through the IBC (Inter-Blockchain Communication) and interoperability with Ethereum via a trustless two-way bridge. For privacy purposes, Namada has deployed an upgraded Multi-Asset Shielding Pool (MASP) circuit, which allows all assets to share a common set of shields. Namada is the first fractal instance of Anoma and has implemented version 1 of the Anoma protocol.