Mystiko.Network Features

Cross chain connectivity to all. Mystiko.Network’s zk-snarks protocol (Mystiko Protocol) can be easily implemented to almost all major blockchain Layer 1 like Ethereum, BSC, Solana, Polkadot, Avalanche, Polygon, etc. and Layer 2 like zkSync, Arbitrum, OP, etc. as well as all popular blockchain applications. The ability to integrate the ZK protocol with all blockchains, enables the omni-connectivity to all Web3 infrastructures, thus making Mystiko.Network the base layer of Web3.

Full financial ZK Environment. Mystiko Protocol utilizes secure zero-knowledge proof technology together with advanced encryption and shield address designs to break the link between users' deposit wallet address on source chains and withdrawal address on destination chains, making it untraceable and unlinkable to other users. Such features guarantee that users’ financial data, including account balance, asset holdings, and trade history, is fully within a trusted environment.

Lower transaction fees. With the implementation of zero-knowledge based scaling technology, transaction fees on Mystiko.Network will be lower than those of ZK Layers.

Complete user control. Mystiko Protocol is a non-custodial protocol, in which users keep custody of their cryptocurrencies while operating on Mystiko.Network. Only the users themselvers, not Mystiko.Network or anyone else, have control over their cryptocurrencies throughout the whole process.

Easy and convenient user experience. Mystiko.Network offers users a single-click cross chain ZK transaction experience in an all-in-one wallet that supports multiple blockchains and cross chain bridges, and supports arbitrary withdrawal amount from the same deposit.

Aggregating major bridges. Mystiko Protocol is being implemented to most popular cross chain bridges in Web3. Users could choose their preferred bridge services with one click from Mystiko Wallet.

Fast. Due to the complexity of cross chain transactions, the zk circuit size is about 3x as that of other ZK protocols. Yet, Mystiko Protocol has made several technical improvements making the verification cost 3-5x lower than what an individual ZK Layer can offer.

Security of funds: On Mystiko.Network, individual's notes(proofs of users’ cryptocurrency deposits) are encrypted and even in the very unlikely extreme case when one’s proof is hacked, the hacker cannot withdraw one’s assets since in Mystiko Protocol design, withdrawal requires one’s private key. Encrypted private keys are different from zero knowledge proof private keys on Mystiko.Network for better security, a design not yet supported by other ZK protocols.

Encryption for the Good, Not for the Bad in Post Tornado Cash Era. Mystiko designed the first decentralized auditing system for on-chain ZK transactions. In Mystiko’s decentralized auditing system, a decentralized auditing committee will be established and such a committee will support auditing the transaction flow of suspicious deposits from bad actors while protecting the data of regular users.

Problems that Mystiko.Network Solves

Financial public exposure issues restrict Web3 from broader adoption. Blockchain, the foundation of Web3 with its transparency and traceability design, exposes all users’ transaction data to the public, including account balances, asset holdings, trading history, etc. Such data exposure leads to potential security and personal security risks that restrict Web3 from broader adoption. However, with the base layer that Mystiko.Network provides to the whole Web3 ecosystem, users transaction details on and in between all blockchains will be kept secure via zero-knowledge proof technology, a secure cryptography mechanism to keep users’ financial data away from public exposure.

Current cross-chain bridges have not supported secure ZK transactions yet. While web2 data oligarchies are often isolated, interoperability(connectivity) between blockchains and blockchain applications deeply roots as the basis of web3. Hundreds of cross-chain bridges have emerged acting as the linkage for users to transfer assets from one chain to another, accumulating billions of inter-chain trade volumes. Yet, no existing cross-chain bridge has supported secure ZK transactions that protect users’ account balance, asset holdings, and trading history data. Mystiko.Network offers a zero-knowledge proof-based protocol solution to all cross chain bridges, which breaks the linkability between a user’s deposit on a source chain and withdrawal on a destination chain. Mystiko.Network cross chain ZK protocol has an easy-to-plug-in feature that can be integrated into almost all major inter-chain bridges in the web3 ecosystem.

Current single-chain ZK transaction solutions are available but user experience is hardly pleasant for both individual users and developers. Single chain ZK solutions are already experimented in the market. However, the user experience of such solutions is quite limited since users not only suffer from heavy transaction costs, but also encounter complications when moving assets from one chain to another. With such ZK cross-chain transaction solutions, a user must first utilize the layer only on the few chains they support, then utilize a bridge to finish the rest of the process, which is hardly a pleasant experience. Meanwhile, current solutions do not support developers to scale ZK technology for their users. Yet, with Mystiko.Network, user experience is on the single-click level to conduct cross-chain secure ZK transactions, making it an easy and convenient base feature for web3; and as a ZK infrastructure provider, Mystiko is dedicated to provide the universal ZK SDK for dApp developers to easily add ZK technology for their users.

Transactions using ZK layers traditionally involve high gas fees. Safety costs. Extra gas fee is required if users activate ZK services. Unpleasant high gas fee for cross chain ZK transactions has put up barriers for users to adopt such services. However, Mystiko.Network offers a zero-knowledge proof based scaling solution to reduce such gas fees to an affordable level.