Launches Initial Privacy Web Application with Subsecond Verification Speeds for Arbitrum and Aleph Zero EVMs
Breaking the chains on crypto privacy: Introducing Common - Your new DeFi sidekick
Switzerland, April 29th, 2025 - Chainwire
In the world of DeFi, privacy shouldn't be an afterthought, it should be standard. And with the launch of Common, the wait is over! Common, a state-of-the-art privacy-focused DeFi platform, is here to revolutionize your cryptocurrency transactions across numerous blockchains, all in a matter of seconds.
Built upon Aleph Zero's innovative infrastructure, Common's Web App is set to redefine the crypto industry. The mobile version, debuting at the end of May, aims to be the first mobile privacy-preserving app in the crypto space. This game-changing platform combines unmatched speed with user-friendly simplicity, opening the door for mass adoption in the crypto realm. Initial support includes Arbitrum, Aleph Zero's EVM, with plans to expand to Base and Ethereum in the near future.
Common serves as a straightforward gateway to Aleph Zero's Shielder Network, an incredible system of smart contracts, relayers, and cutting-edge zero-knowledge cryptography that makes private transactions seamless across multiple blockchains. Users are free to safeguard their on-chain activity without relying on centralized exchanges, embracing true autonomy.
At its core lies "Shielding," the patent-pending process that deposits tokens into a confidential pool, breaking the link between public wallet activity and upcoming transactions. Users can later withdraw to a new public address, maintaining their anonymity throughout. With lightning-fast proving times carried out directly on the device, Common delivers a smooth, private experience without the common wait times or technical hurdles. Unlike other privacy solutions, Common refrains from commingling funds, preserving complete provenance for compliance or auditing purposes.
Adam Gagol, Co-Founder of Aleph Zero and Co-Creator of Common Labs Inc., expressed his enthusiasm: "Privacy should never be a luxury in crypto. With Common, we are bringing true privacy to the masses – no plugins, no compromises, no third parties. Privacy becomes a tap, not a setup. This is just the beginning of constructing a truly private, multipurpose financial layer for the Web3 world."
Privacy at your fingertips - anywhere, anytime
The Common Web App seamlessly integrates with popular wallets, such as MetaMask, Ledger, or Rabby, eliminating the need for migration and enabling users to begin transacting without delay. The Mobile App, arriving at the end of May, will offer the same privacy advantages in a streamlined mobile setting. It will also include fiat on-ramp support through Banxa and effortless dApp connectivity.
As a non-custodial and fully decentralized platform, Common holds to core DeFi principles, ensuring transparency and trust through open-source, audited smart contracts.
Empowering financial freedom, blockchain by blockchain
The launch of Common marks the first step in a broader rollout of its ecosystem. Future features will include:
- Shielded Yield: Earning interest on confidential assets through integrated strategies, shielding users' wallet activity.
- Smart Yield: Intelligent strategies designed to optimize users' returns automatically, allowing them to set it and forget it.
- Staking Rewards: Encouraging platform development and user commitment by distributing rewards from privacy fees and yield success fees to stakers.
- Multichain Privacy: Expanding privacy support to key EVM chains (e.g., Sonic, Berachain, Monad) and emerging Layer-2 networks.
- Private Bridging: Simplifying cross-chain navigation by enabling private asset transfers between supported blockchains.
- ** Streamlined TradFi Access & Payments:** Facilitating access to/from TradFi via off-ramps, IBAN support, and crypto payment cards for everyday use.
Interested in taking control of your financial privacy? Visit https://common.fi/ for more information and to sign up for early access.
About Common
Common is a groundbreaking DeFi platform that aims to democratize financial privacy. By harnessing Aleph Zero's Shielder Network, Common offers a user-friendly Web and mobile application experience, enabling users to protect their assets, earn private yield, and transact securely across multiple blockchains. With easy-to-use features, customizable options, and robust security measures, Common sets a new standard for privacy-focused DeFi solutions, empowering users to prosper in the Web3 world.
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Disclaimer: Press release sponsored by our commercial partners.
Daily Debrief Newsletter
Welcome to the dawn of a new era in the crypto world! Say goodbye to compromising on privacy, waiting for transactions, or wrestling with technical hurdles. Common has arrived, a revolutionary privacy-focused DeFi platform, changing the way you transact on multiple blockchains for good.
Leveraging Aleph Zero's infrastructure, this easy-to-use Web App (with a Mobile version launching soon) shatters the barrier to privacy, ensuring sub-second transaction times while safeguarding your on-chain activities. When you need the utmost discretion, look no further than Common, the ultimate sidekick to your DeFi journey.
Say hello to freedom, control, and protection. Available now at https://common.fi/.
- In the DeFi world, privacy is no longer an afterthought, it's standard, and that's where Common comes in.
- Common, a cutting-edge privacy-focused DeFi platform, aims to revolutionize cryptocurrency transactions across various blockchains.
- With the Web App built upon Aleph Zero's infrastructure, Common is set to redefine the crypto industry, offering unprecedented speed and user-friendly simplicity.
- The mobile version, scheduled for end of May, will be the first mobile privacy-preserving app in the crypto space.
- Common serves as a gateway to Aleph Zero's Shielder Network, a system of smart contracts, relayers, and zero-knowledge cryptography that enables private transactions across multiple blockchains.
- At its core is "Shielding," a patent-pending process that deposits tokens into a confidential pool, breaking the link between public wallet activity and upcoming transactions.
- Users can easily withdraw to a new public address, maintaining their anonymity without the common wait times or technical hurdles.
- Unlike other privacy solutions, Common refrains from commingling funds, preserving complete provenance for compliance or auditing purposes.
- Common integrates with popular wallets like MetaMask, Ledger, or Rabby, eliminating the need for migration, and it will offer mobile app support with fiat on-ramp and dApp connectivity.
- As a non-custodial and fully decentralized platform, Common follows core DeFi principles, ensuring transparency and trust through open-source, audited smart contracts.
- The launch of Common marks the first step in a broader ecosystem rollout, featuring Shielded Yield, Smart Yield, Staking Rewards, Multichain Privacy, Private Bridging, and streamlined TradFi access and payments.
