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What is Mystiko Network? Learn how this protocol enhances privacy and security in DeFi.

Mystiko is a base layer of Web3, functioning as a universal ZK SDK to enhance the scalability, interoperability, and privacy of blockchains. Mystiko's Software Development Kit (SDK) allows developers to build blockchain applications, thereby reducing costs, enabling easy expansion, secure cross-chain interactions, and protecting users' on-chain identities (account balance, transaction history, etc.). It uses a technology called Snark of Snark to increase its security and reduce its gas fees. Mystiko.Network has integrated ZK Rollup, reducing transaction costs on the mainnet by 50-90% compared to other major existing ZK solutions.

Mystiko.Network is a next-generation Web3 privacy solution that uses zero-knowledge proof (ZKP) technology to offer secure and efficient privacy protection for users. This article will cover the technical architecture, funding history, and other aspects of Mystiko.Network, and discuss how it is shaping the future of Web3 privacy. As Web3 rapidly evolves, privacy and security concerns are becoming more significant. Zero-knowledge proof (ZK) technology, which verifies information authenticity while maintaining privacy, is gaining importance. Although some blockchain applications currently use ZK technology, they still represent a small part of the Web3 ecosystem. Consequently, several projects like Aztec Network, Iron Fish, Manta Network, and Espresso Systems have emerged to provide a universal ZK foundation layer for Web3. Mystiko.Network is a promising new player in this field.