Findora Launches Mainnet Beta

With dozens of partnerships and a growing community of active users at the ready, Findora unveils its industry-defining public chain

PALO ALTO, Calif., March 30, 2021 — Findora, a next-generation blockchain focused on protecting data privacy and fostering growth in the DeFi space, today announced the release of its Mainnet Beta, meeting its previously stated goal of a Q1 2021 launch.

Findora previously released its test network, “Forge,” in August 2020, serving existing partners and allowing community members to build tools on top of the blockchain and test functionalities within the protocol. Now, with dozens of partnerships including with Tencent Cloud and BSN, and tens of thousands of active users, the much-anticipated Mainnet has been launched for widespread utilization.

Leveraging the world’s most advanced and fastest zero-knowledge proof cryptography system, the Findora blockchain provides a wealth of fine-grained functions while fully protecting user privacy. At its core, Findora’s technology solves four key problems inherent in today’s blockchain technology, all of which are barriers to mainstream adoption by financial services entities and governments: confidentiality, scalability, interconnectivity, and auditability.

On Mainnet Beta, users will be able to create wallets, send and receive $FRA tokens, send tokens as a confidential transfer while not revealing the amount or asset type sent on the platform, create and issue custom assets, and send and receive custom assets.

Findora uses advanced cryptography to build a high-performance, credible public chain with audit tools, and provides a decentralized financial network infrastructure for globally trusted institutions and economic interest incentives.

Created by a team of entrepreneurs including John Powers, Lily Chao, Paul Sherer and senior researchers and engineers from leading academic institutions, Findora’s cryptographic technology research, now applied to the publicly available Mainnet Beta, includes Bulletproofs (bullet proof), VDF (verifiable delay function), and best-in-class ZKP functionality dubbed “Supersonic.”

Dr. Whitfield Diffie, Senior Advisor of The Advanced Research Center at The Findora Foundation, a Turing Award winner, and the founder of asymmetric encryption, is enthusiastic about advancements in cryptography led by projects such as Findora.

While Mainnet Beta is available for widespread use today, the Findora team plans to continue innovating on the underlying technology, adding more features, onboarding partners and growing its community.

About Findora

Related posts:

I am someone who has always been deeply passionate about many things. I love trying new things, learning, and growing. I love diving into a craft and playing with my creative potential. I love the…

The sun rose merrily through the day,. “Night” is published by Sharmila Kuthunur in Poets Unlimited.

We always a place to stay where all the things we see is pleasant into our eye; we want to see things that could take away our stresses and all the worries after check over here coming home from work…