Telos Begins Trusted Setup Ceremony for Privacy Layer

Telos blockchain has announced the official start of a key milestone in its privacy-focused network infrastructure: The Trusted Setup Ceremony for the Telos Privacy Layer. This event signifies a significant step towards enabling private, multi-asset accounts and shielded transactions on the platform. The ceremony utilizes cryptographic processes to ensure complete independence from any single entity or developer, including Telos itself. It will lay the foundation for zero-knowledge (ZK) circuits that power privacy features like private transfers, delegated deposits, and interactions within the network. Built on a Secure Foundation