To realize the protocol’s vision of cross-chain zero-knowledge access to DeFi, Panther will deploy its Shielded Pools onto multiple blockchains (L1s and L2s). 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 developed by Panther, and a key component of the cross-protocol zero-knowledge layer concept. They allow users to transfer their zAssets 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 Shielded Pools 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.