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PRNewswire
New York [US], September 30: Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications. About Webb Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants likePolychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains. The Challenge and Our Solution Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb's Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform. Why Tangle Network? Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies: * Proof Generation: Delegate computational tasks to our validators. * Trusted Setups: Tangle Network manages complex ceremonies for you. * Secure Signing: Utilize our threshold signing for cross-chain operations. By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications. Noteworthy Features * Unparalleled speed, security, and scalability via Substrate. * Decentralized control through Distributed Key Generation (DKG). * Advanced protocols for zero-knowledge applications. * Cross-chain compatibility with IBC and XCM. * Easy migration of existing apps through Ethereum Virtual Machine (EVM) support. * Smooth, forkless upgrades. What's Next? TheTestnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications. Testnet Quick Links * Whitepaper: Read here. * Get Started: Polkadot Apps for Tangle Network * Documentation: docs.webb.tools Get Involved * Developers: Start building on Tangle today. Learn More * Validators and Relayers: Help secure and maintain the network. Learn More * Join the Community: Follow us on Twitter or join our Discord. Contact UsFor media inquiries, partnerships, or more information, email us athello@webb.tools Visit our website (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)
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