Hassan Maishera
On Tuesday, the Optimism team announced via X that Privacy Boost by Sunnyside Labs is now live on OP Mainnet. The first privacy offering by an Optimism core developer. Drop-in SDK for confidential computing for Sunnyside's customers on any OP Stack chain.
This feature comes with ZK + TEE hybrid. It achieves Sub-500ms proof generation and has a high throughput. Additionally, it has a compliance-compatible architecture. What Privacy Boost adds to OP Mainnet:
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Confidential token transfers. Send and receive tokens without exposing balances or transaction amounts on-chain. The privacy model uses a UTXO architecture, which provides stronger guarantees than account-based approaches by naturally breaking the link between transactions.
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Private smart contract logic. Run computations on encrypted data. Applications can process sensitive information without revealing it to validators or other network participants.
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Compliance-compatible architecture. Auditable access with programmable policy. TRM Labs integrated for sanctions screening. Sunnyside designed a full-trace audit view for MiCA (EU) and BSA (US) requirements. Privacy doesn't mean opacity. Compliance teams can audit what they need to audit. The goal is protecting customer data from public exposure, not from authorized oversight.
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Drop-in SDK. No migration required. No new chain. No new tooling. Sunnyside customers can add Privacy Boost to any existing OP Stack chain without rebuilding anything. SDKs available for TypeScript, React, iOS, Android, and Rust.
Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic roll-up technology.
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.
OP is trading at $0.1273, up 2.9% in the last 24 hours.
