Multi-chain
zBridges
Last updated
zBridges
Last updated
Concept
To realize the Protocol’s vision of cross-chain Zero-Knowledge access to DeFi, Shielded Pools may be deployed onto multiple blockchains (L1s and L2s). In this case, zBridges will connect these Pools on different blockchain networks, enabling cross-chain transactions and compounding the difficulty of tracking user activity.
zBridges are a cutting-edge cross-chain feature envisioned by Panther and a key component of the cross-protocol Zero-Knowledge layer concept. They will allow users to transfer their across multiple blockchains while preserving privacy. With an initial focus on Ethereum Virtual Machine (EVM)-compatible chains, zBridges extend the benefits of shielded transactions to a broad range of blockchain networks, enhancing interoperability in the DeFi landscape.
Using and zAssets, zBridges allow users to send and receive digital assets across chains. Users with zAssets on a sending chain can execute cross-chain transactions, with the Protocol leveraging native network liquidity to ensure a fully collateralized and secure transfer.
The underlying executing and receiving blockchains assure the security and integrity of transactions via zBridges. Users can confidently conduct cross-chain transactions, knowing their assets are secure and their on-chain data is safeguarded.
As the demand for interoperability in the DeFi ecosystem grows, zBridges are a significant milestone. They represent a step forward in developing privacy-preserving, cross-chain solutions that bring together the benefits of multiple blockchain networks, helping redefine the boundaries of what’s possible within decentralized finance.