About Aztec

Aztec has developed a trading protocol for Ethereum that facilitates private transactions on the public blockchain using zero-knowledge proofs. This technology addresses the need for confidentiality in blockchain transactions, allowing users to trade assets without revealing transaction details to the public.

<problem> On the Ethereum blockchain, transactions are typically public, which can expose sensitive financial data and user information. This lack of privacy limits the adoption of blockchain technology for use cases requiring confidentiality. </problem> <solution> Aztec provides a privacy-focused Layer 2 network on Ethereum, enabling confidential transactions and programmable privacy for decentralized applications (dApps). By leveraging zero-knowledge proofs (ZKPs), Aztec allows users to transact and interact with dApps without revealing transaction details or user data to the public. Developers can build applications that seamlessly blend public and private state, choosing what data to keep private and what to make public. This approach unlocks new possibilities for financial applications, identity management, gaming, and governance, all while maintaining the security and transparency of the underlying blockchain. </solution> <features> - Support for private and public state within smart contracts, enabling selective privacy - Noir: a Rust-like domain-specific language (DSL) designed for writing zero-knowledge applications - Client-side ZK proof generation, ensuring user data and activity remain on the user's device - Decentralized Layer 2 testnet for deploying and testing privacy-preserving smart contracts - Compatibility with composable wallets, block explorers, and bridges for building novel applications - Support for a range of use cases, including undercollateralized lending, private DEXs, private voting systems, and private NFTs </features> <target_audience> The primary target audience includes developers building decentralized applications on Ethereum who require privacy features, as well as users seeking confidential transactions and data protection within the Web3 ecosystem. </target_audience>

What does Aztec do?

Where is Aztec located?

Aztec is based in Winchester, United Kingdom.

When was Aztec founded?

Aztec was founded in 2017.

How much funding has Aztec raised?

Aztec has raised 119064647.

Location

Winchester, United Kingdom

Founded

2017

Funding

119064647

Employees

99 employees

Major Investors

ConsenSys, Entrepreneur First, Alumni Ventures, Andreessen Horowitz, Coinbase Ventures

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Aztec

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

aztec.network 3K+

Crunchbase

Founded 2017 – Winchester, United Kingdom

Funding

Estimated Funding

$100M+

Major Investors

ConsenSys, Entrepreneur First, Alumni Ventures, Andreessen Horowitz, Coinbase Ventures

Team (75+)

No team information available.

Company Description

Problem

On the Ethereum blockchain, transactions are typically public, which can expose sensitive financial data and user information. This lack of privacy limits the adoption of blockchain technology for use cases requiring confidentiality.

Solution

Aztec provides a privacy-focused Layer 2 network on Ethereum, enabling confidential transactions and programmable privacy for decentralized applications (dApps). By leveraging zero-knowledge proofs (ZKPs), Aztec allows users to transact and interact with dApps without revealing transaction details or user data to the public. Developers can build applications that seamlessly blend public and private state, choosing what data to keep private and what to make public. This approach unlocks new possibilities for financial applications, identity management, gaming, and governance, all while maintaining the security and transparency of the underlying blockchain.

Features

Support for private and public state within smart contracts, enabling selective privacy

Noir: a Rust-like domain-specific language (DSL) designed for writing zero-knowledge applications

Client-side ZK proof generation, ensuring user data and activity remain on the user's device

Decentralized Layer 2 testnet for deploying and testing privacy-preserving smart contracts

Compatibility with composable wallets, block explorers, and bridges for building novel applications

Support for a range of use cases, including undercollateralized lending, private DEXs, private voting systems, and private NFTs

Target Audience

The primary target audience includes developers building decentralized applications on Ethereum who require privacy features, as well as users seeking confidential transactions and data protection within the Web3 ecosystem.