Namada

Namada is a Proof-of-Stake layer 1 protocol for asset-agnostic, interchain privacy. Namada is Anoma’s first fractal instance and is currently being developed by Heliax, a public goods lab.

Namada Public Testnets Announcing

Whitepaper

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What is Namada

Namada is Anoma's first fractal instance, a first step towards the multi-chain vision of homogeneous architecture, heterogeneous security.

Namada is a sovereign proof-of-stake blockchain, using Tendermint BFT consensus, that enables multi-asset private transfers for any native or non-native asset using a multi-asset shielded pool derived from the Sapling circuit. Namada features full IBC protocol support, a natively integrated Ethereum bridge, a modern proof-of-stakesystem with automatic reward compounding and cubic slashing, a stake-weighted governance signalling mechanism, and a proactive/retroactive public goods funding system. Users of shielded transfers are rewarded for their contributions to the privacy set in the form of native protocol tokens. A multi-asset shielded transfer wallet is provided in order to facilitate safe and private user interaction with the protocol.

Key innovations include:

• ZCash-like transfers for any assets (fungible and non-fungible)
• Rewarded usage of privacy as a public good
• Interoperability with Ethereum via a custom bridge with trust-minimisation
• Vertically integrated user interfaces

Overview of features:

• Proof-of-Stake with governance to secure and evolve Namada
• Fast-finality BFT with 4-second blocks
• Near-zero fees
• Trustless 2-way Ethereum bridge via IBC implementation on ETH
• IBC bridges to chains that already speak IBC (all Cosmos chains)
• MASP
• Convert Circuit (shielded set rewards)
• A reference interface
• Ledger application