Mystiko.Network on Mainnets

Mystiko.Network and its first web wallet is now on Ethereum mainnet!

Mystiko.Network and its first web wallet built by ecosystem partner - CAMO Wallet, is now live!

  • Deposit, pay, transfer privately on πŸ‘‰ . https://web.camowallet.app/

  • Learn about how to use CAMO wallet Β πŸ‘‰ Tutorial.

  • Supported blockchains: Ethereum, BNB Chain, Polygon, Base, Avalanche

  • Wallets: MetaMask

  • Assets:

    • On Ethereum: ETH, USDT, USDC

    • On BNB Chain: BNB, BUSD, USDT, USDC

    • On Polygon: MATIC, BUSD, USDT, USDC, WETH

    • On Avalance: AVAX, UDST, USDC

    • On Base (L2): ETH, USDbC

Tech Highlights of Mystiko.Network on Mainnets

  • Snark of Snark, better security, and lower gas fee. Mystiko.Network has incorporated zk rollup for zk confidential transactions. As a result, confidential transactions on Mystiko.Network cost 50–90% lower than other major existing confidentiality solutions. Such zk of zk design intends to create an affordable confidentiality solution for every consumer.

  • Ultra flexibility, arbitrary amount withdrawal with full confidentiality. Mystiko.Network has implemented a technology called 'JoinSplit' - which allows users to transfer and withdraw any amount of total assets deposited. A JoinSplit consumes either one or two input(deposit) values and creates either one or two output(withdraw) values. For example, if a user makes 3 deposits on Mystiko.Network at the amount of 10 ETH, 20 ETH and 30 ETH on Ethereum mainnet, the user is now given the option to withdraw any arbitrary amount under 50 ETH with full privacy.

  • Direct private payment, direct private address to private address transfer. Mystiko users can privately transfer tokens to another Mystiko user within Mystiko.Network. In other words, if both sender and receiver are on Mystiko, the sender and receiver can privately transfer any tokens between their Mystiko.Network private addresses without involving public blockchain addresses keep both sender and receiver confidential.

  • The world's 1st Auditable ZK Solution - Confidentiality for the Good, Not for the Bad in Post Tornado Cash Era. Mystiko designed the first decentralized auditing system for on-chain private 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 confidentiality of regular users.

Cost Estimation and Disclosure

1. Gas Fee Per Chain

2. Roll Up Fee

Rollup Up Fee will be charged by Mystiko ZK miners, who will be responsible for rolling up new commitments to lower the gas cost of private transactions. Rollup will be activated when new commitments are created in the following scenarios: 1) when users make a new deposit commitment; 2) when users partially transfer or withdraw from a deposit, and leave the rest of deposit to be accounted as a new commitment.

Rollup fee is deducted from the tokens to be shielded, i.e. users shall pay a certain amount of USDT, instead of ETH, to miners if users chose to privately deposit USDT. Users could add rollup gas to speed up the rollup process.

3. Relayer Fee (Optional)

Users could choose to provide relayer fee to third-party Mystiko gas relayer to enable other user's private assets transaction and transfer, when users ran out of gas fee for asset withdrawal on destination chain. i.e. When a user would like to withdraw USDT on BNB Chain, but this user does not have BNB token on his wallet, he could choose to pay relayers with certain amount of private assets (USDT in this case) to cover the BNB token gas fee and start the withdraw process.

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