Today, privacy-focused layer 1 blockchain Zano has announced a major partnership with the popular Cake wallet. The latter is a well-known non-custodial crypto wallet service, and the association is looking to appeal to crypto users who want to take advantage of privacy transactions. Zano is a state-of-the-art decentralised network looking to provide crypto users and programmers with a means to ensure secure, scalable, and anonymous programmable transactions on the blockchain. Its advanced privacy features include hidden transaction amounts, untraceable addresses, and encrypted metadata. Zano was developed by Andrey Sabelnikov , the developer behind CryptoNote , a protocol used by the premier privacy coin Monero. The Partnership According to senior Zano executive Quinten van Welzen, the head of marketing and growth at Zano: 'The values of Zano and Cake Wallet overlap quite a bit. Therefore, integrating the Zano blockchain into Cake Wallet seems like a natural fit, and we are very excited to be onboarded to such a wonderful privacy-friendly wallet,'' Similar thoughts were shared by Vikrant Sharma, the co-founder and CEO of Cake wallet: “Cake Wallet is dedicated to pushing privacy forward, and our partnership with Zano is a natural stepping stone in bringing robust privacy tools to the cryptocurrency community and beyond,” Zano’s partnership with Cake Wallet is pivotal in making privacy coins more accessible to mainstream users. The collaboration brings Zano’s advanced privacy tools into Cake Wallet’s application, providing an enhanced experience for users seeking to safeguard their assets. The partnership will allow the users of the Cake wallet to deposit, manage, and transact with ZANO coins. This partnership will enable more people to be onboarded in the Zano ecosystem. The crypto wallet will also support important Zano assets, including private stablecoins and wrapped Bitcoin and Ethereum. Zano’s technology Zano employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, combining the security benefits of mining with the efficiency and decentralization of staking. This dual-layered approach ensures that the network remains resistant to both 51% attacks and centralization risks, addressing some of the key challenges faced by purely PoW- or PoS-based blockchains. Zano also incorporates an advanced adaptive block size and transaction fee model, ensuring that the network remains resilient under varying load conditions, making it ideal for real-world adoption. The L1 is also focused on confidential smart contracts. Unlike most smart contract platforms that expose transactional data on-chain, Zano's privacy-preserving approach ensures that contract execution details remain obscured. This opens upnew possibilities for private financial instruments, secure digital asset transfers, and decentralized applications that require confidentiality by default. For instance, the project incorporates a complex combination of features specifically designed to ensure transactions remain confidential and protect users' privacy. This is done by obfuscating transaction details via: Ring signatures , stealth addresses and confidential transactions to ensure that the sender/receiver address, transaction amount, and type of asset remain entirely untraceable. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
