Introduction
Diode Mixer is the first decentralized protocol for anonymous transactions on Blast.
Diode Mixer creates the new “anonymous transactions + DeFi” approach that combines CoinJoin and zero-knowledge proof. It supports anonymous token transactions on Blast such as ETH, USDB, etc. And by enabling liquidity mining, holding mining, anonymous transaction mining, Blast airdrop for developers and native yield, it allows early users to obtain extra revenues while enjoying high-quality anonymous transaction services.
What's the meaning of Diode Mixer?
The name "Diode Mixer" is inspired by the physical concept of a diode, which theoretically only allows current to flow in one direction. The term "diode" vividly describes the working principle of Diode Mixer, which involves mixing transactions within the contract to sever the connection between input and output addresses, allowing for one-way, untraceable transactions, thus achieving transaction privacy.
Why do we need Diode Mixer?
Everyone should have the right to keep their private data from being monitored or recorded without permission. Diode Mixer aims to provide people with an anonymous way to manage and trade their financial assets with lower fees, faster speed, and more decentralized governance.
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