Summary
- Namada announced the launch of its Mainnet and the creation of a zero-knowledge system block for the network.
- This Mainnet launch will proceed in five stages, and in the first stage, staking of the native token NAM to validators and voting on on-chain governance proposals will be possible.
- This project is a Layer 1 project that strengthens privacy, emphasizing the importance of privacy protection.
On the 3rd (local time), according to the specialized media Doublelock, Namada, a Layer 1 project that strengthens privacy, announced the launch of its Mainnet and the creation of a zero-knowledge system block for the network. Following this, the first stage of the Mainnet launch will activate staking and governance. Namada plans to proceed with the Mainnet launch in five stages, and in the first stage, it will allow staking of its native token NAM to validators and voting on on-chain governance proposals.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![Tethered by consumer-slowdown fears… Financials slide in tandem on ‘AI onslaught’ [New York market briefing]](https://media.bloomingbit.io/PROD/news/b203e033-1844-4138-83af-b5b084dd9a6d.webp?w=250)
![Dollar weakens even with U.S. Treasury yields in the 4% range… the real risk markets fear [Global Money X-File]](https://media.bloomingbit.io/PROD/news/7359c31a-2f59-4bd3-81b0-542f21060875.webp?w=250)
