
Typhoon is a Smart Contract running on Binance Smart Chain that enables users to send private transactions between 2 wallets. It does this by utilizing zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information.
When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain.
| Categories: | Tooling , DeFi |
| On chains: | BNB Chain |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| typh Price | $0.0011 | ||||
| Typhoon Network Twitter Followers | 6439 | 6439 0% | n/a | 6480 -0.63% |
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Typhoon Network is Typhoon is a Smart Contract running on Binance Smart Chain that enables users to send private transactions between 2 wallets. It does this by utilizing zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information. When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain.
Yes Typhoon Network has the typh. The token is used in Typhoon is a Smart Contract running on Binance Smart Chain that enables users to send private transactions between 2 wallets. It does this by utilizing zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information. When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain.
Yes typh is supported on BNB Chain.
typh token is supported by following blockchains: BNB Chain
Typhoon Network is Typhoon is a Smart Contract running on Binance Smart Chain that enables users to send private transactions between 2 wallets. It does this by utilizing zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information. When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain. . Typhoon Network's native token is typh. typh token is supported by following blockchains: BNB Chain.