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Obscuro (OBX)

Obscuro is a layer 2 solution for Ethereum that brings privacy and scale. It ensures the inputs, contract state and execution are always encrypted. No changes to dApps, just migrate and gain privacy.

Testnet. Details

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Overview

Project industryPrivacy & Security
Product typeTechnology
FoundedUnited Kingdom
WhitepaperObscuro White Paper Open
OnepagerObscuro Onepager Open

What is Obscuro

The design of Obscuro ensures that existing Ethereum apps can move over to Obscuro for virtually no cost. Any developer familiar with Ethereum can build privacy-preserving apps on Obscuro that benefit from the adoption, legitimacy, security, developer tooling and liquidity of the entire Ethereum ecosystem.

End-users can continue to use MetaMask or their favourite Ethereum wallet. Interacting with an Obscuro application is the same as interacting with any Ethereum application. With a seamless user and developer experience, Obscuro changes the paradigm around privacy on the blockchain.

Obscuro leverages a pragmatic technology for encrypting the ledger, Trusted Execution Environments (TEEs). TEEs provide robust confidentiality guarantees with certainty over the code running. They allow Obscuro to offer smart contracts, decentralisation, scalability and privacy in a way other privacy providing techniques cannot.

Obscuro uses Confidential roll-ups, a new type of roll-up inspired by existing roll-up-based L2 offerings Optimistic and ZK roll-ups. The use of confidential computing techniques and economic incentives allows Obscuro to retain the performance and programming model simplicity of Optimistic roll-ups and attain confidentiality, short withdrawal periods, and address MEV.

Details

Token supply: 1,000,000,000 OBX
Raised: 2,500,000 USD

Legal

Registration country: United Kingdom
Registration year: 2021
Office address: 2 London Wall Place, London, England EC2Y 5AU, GB

Token info

Ticker: OBX
Type: Utility-token
Token distribution:
Contributor Whitelist - 2%
Public Sale - 2.6%
Foundation Fund - 23.8%
Ecosystem Fund - 19.2%
Pre-Seed Investor - 23%
Seed Investors - 9%
Core Team - 18%
Service Providers - 2.4%

Obscuro Roadmap

1
Q1 2022

Single Aggregator node demonstrating basic execution of a generic Ethereum smart contract with privacy.

2
Q2 2022

Consensus Testnet. L2 test network available for selected Application Developers. Ethereum L1 Testnet emulation. POBI consensus protocol. Docsite available.

3
Q3 2022

Privacy Testnet. L2 test network available for Application Developers to test privacy features. MetaMask integration. Pre-installed ERC20 contracts. Basic block explorer.

4
Q4 2022

Testnet enrichment to include streaming events, token faucet, data persistence. Obscuro Foundation decentralized governance design starts.

5
H1 2023

Obscuro Foundation established. Layer 1 Testnet integration. Mainnet launch. OBX utility token distribution for block rewards and incentives.

Project team

JAMES CARLYLE
JAMES CARLYLE
As Chief Engineer of R3, James helped design Corda, and sat on R3's Executive and Risk committees. Previously, he was the Chief Engineer for Barclays Corporate Banking, co-founder of several start-ups, and holds multiple patents. James holds a degree in Mechanical and Electrical Engineering from Durham University. James has been obsessed with blockchain technology since 2014 because it appeals to his libertarian streak.
JAMES CARLYLE linkedin
MATT CURTIS
MATT CURTIS
As a full-stack developer in the finance industry, Matt has over 10 years of experience designing and developing trading systems and trader tooling at various firms including Goldman Sachs, IG Group and Tyler Capital. He holds a degree in Mathematics from the University of Warwick and is excited to be building on blockchain technology after finally making the leap from traditional finance in 2021.
MATT CURTIS linkedin
JOEL DUDLEY
JOEL DUDLEY
Joel started in tech as the head of an insurance data platform. Since the platform's acquisition in 2018, he's held various positions in the blockchain space - developer relations, product management, engineering - always focussed on marrying privacy and blockchain to expand the landscape of potential use-cases. Joel holds a degree in Economics from the University of York.
JOEL DUDLEY linkedin
PEDRO GOMES
PEDRO GOMES
With over 10 years of engineering, Pedro took a deep dive from distributed computing, performance engineering and big data to blockchain tech. As a team lead in Ava labs Pedro contributed to the Avalanche ecosystem and spearheaded the chaos and test team. Pedro holds a Masters in Computer Networking from Instituto Superior Tecnico, Lisboa.
PEDRO GOMES linkedin
MORAY GRIEVE
MORAY GRIEVE
As R3's Head of QA, Moray helped build the test automation and processes for Corda. Before R3, Moray was a Research Physicist in Cambridge and Antarctica, spent 10 years with leading event stream processing engine Apama, and 6 years in investment banking front office. More recently, Moray built the world's largest audio database for the machine learning of sounds and delivered a groundbreaking novel geospatial database. He holds a PhD in Physics from Sheffield University and first discovered blockchain in 2017.
MORAY GRIEVE linkedin
TUDOR MALENE
TUDOR MALENE
Formerly a lead engineer for Corda, Tudor helped build critical components of the platform, and as a solutions architect, contributed to the success of the most important Corda projects. With 20 years of professional experience, Tudor has designed and built solutions ranging from insurance, fintech, banking to media. He holds a degree in Computer Science from the Polytechnic University of Bucharest, and discovered blockchain in 2011.
TUDOR MALENE linkedin
CAIS MANAI
CAIS MANAI
Formerly Product Lead for Digital Assets, Payments and CBDC at R3, Cais has worked with some of the world’s largest banks and financial institutions to develop products. Prior to R3, Cais spent 10 years in Finance, leading teams in Prime Brokerage and Equity Derivatives Trading Technology at UBS and Credit Suisse. He graduated with a degree in Computer Science from University College, London. Cais first began developing with blockchain in 2012.
CAIS MANAI linkedin
GAVIN THOMAS
GAVIN THOMAS
As R3's Engineering COO, Gavin helped deliver the first versions of Corda and subsequently moved to Head of PMO for all Engineering deliveries. He has previously delivered eCommerce trading platforms for a global client base. Gavin holds a degree in Mechanical Engineering from the University of Nottingham and is a Member of the Institution of Engineering and Technology. Gavin first understood the unique value of blockchain in 2015 and has not looked back.
GAVIN THOMAS linkedin
MIKE WARD
MIKE WARD
In the five years of building blockchain solutions for the finance industry as Head of Product at R3, Mike’s seen first hand how privacy is the key to bringing blockchain to the mainstream. Mike brings more years in software than he’d like to admit. Ten years at Microsoft and eight years at startups in Silicon Valley bring some well worn lessons in how software can eat the world (one bite at a time).
MIKE WARD linkedin

Social media

Obscuro web-siteObscuro MediumObscuro LinkedInObscuro TwitterObscuro DiscordObscuro Github

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