1 year ago

https://linktr.ee/findora
https://findorascan.io/
https://findorafoundation.medium.com/

What is Findora?

Findora is a privacy focused layer 1 and layer 2 solution, using both tendermint consensus and EVM tech, meaning that it operates on two independent chains that cross communicate through
Findora's very own unique swap function called Prism. Secret Labs has built the privacy mechanism on Findora, using interactive Zero-Knowledge Proofs.

Let's break that down further:

What do I mean by Findora is a layer 1 AND layer 2 solution? What that means is Findora can be built upon with Dapps, smart contracts, and tokens or its primitives can be combined with
other layer 1's like Ethereum to harness the private cross-chain transfer capabilities.

Because Findora consists of both a Tendermint and an EVM chain. These chains are known as the Findora Native Chain and the Findora Smart Chain, respectively. Developers have the choice of
building using the cosmos sdk suite or EVM compatible technologies.

Prism is a trustless bridge that connects both the Native Chain and the Smart Chain. This is what creates the "multi-chain" model, according to their wiki. Bridging (or transferring)
assets between each chain takes a hasty 15 seconds. I can honestly say that this is the fastest bridge I've ever used.

Zer Knowledge Proof is a privacy protocol that allows a sender to complete transactions with receivers without relaying any information about the sender or the receiver. Essentially,
all the blockchain knows is that a transaction occurred and blocks are being processed. Please heed the warning on Findora's wallet that exchanges DO NOT support confidential transactions.
That means that ZK transactions can be enabled or disabled on the wallet itself, before sending a transaction.

Findora's native coin FRA has a maximum supply of 21 billion. There are scheduled unlocks for FRA set for the next four years. During these unlocks the circulating supply will continue
to rise until it reaches the max supply of 21 billion.

Why is privacy important?
"Traditional finance gives users privacy from the public, but offers close
to zero transparency and does not protect user privacy from institutions.
First generation blockchain-based finance offered either full transparency or
complete confidentiality. Findora aims to provide the best of all worlds with
what we call cryptographic transparency."

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