The Good Tech Companies - Common Launches First Privacy Web App With Subsecond Proving Times For Arbitrum And Aleph Zero EVM
Episode Date: April 29, 2025This story was originally published on HackerNoon at: https://hackernoon.com/common-launches-first-privacy-web-app-with-subsecond-proving-times-for-arbitrum-and-aleph-zero-evm. ... With a simple, easy-to-use interface, users will be able to shield their transaction history and trade privately across multiple blockchains in a fraction of a Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #common, #chainwire, #press-release, #common-announcement, #zero-knowledge-proofs, #data-privacy, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Common is a new privacy-first DeFi platform built on Aleph Zero's infrastructure. The mobile version, due at the end of May, will be the world's first privacy-preserving mobile app in the crypto space.
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Common launches first privacy web app with sub-second proving times for Arbitrum and
Allef Zero EVM, by Chainwire. ZUG, Switzerland, April 29, 2025, Chainwire,
asterisk Common, a new privacy-first DeFi platform built on Allef Zero's infrastructure,
today announced the launch of its web app,
in collaboration with the partner responsible for the operation of the Common solution.
The mobile version, due at the end of May, will be the world's first privacy-preserving mobile app
in the crypto space that combines speed with ease of use. For this reason, Common represents
a watershed moment for crypto mass adoption. The platform initially supports Arbitrum
and Allf0's EVM, with plans to expand to additional chains, including base and Ethereum, in the coming
months. Common serves as the intuitive interface for Allf0's Shielder network, a system of smart
contracts, relayers, and zero-knowledge cryptography that enables private transactions across multiple
chains.
This infrastructure make it possible for users to protect their on-chain activity without
relying on centralized exchanges.
At the core of the experience is, shielding, the process of depositing tokens into a shielded
pool to break the link between public wallet activity and future transactions.
Users can later unshield by withdrawing to a fresh public address, maintaining
privacy throughout. With subsequent proving times performed directly on the device, Common
delivers seamless privacy without the usual waiting periods or technical barriers. Unlike
other privacy solutions, Common does not commingle funds, preserving full provenance for compliance
or auditing if needed. Greater than, privacy shouldn't be a luxury in crypto.
It should be the default," said Adam, Gaggle,
co-founder of AllF0 and co-creator of Common Solution.
We've spent years building the technical foundation to make that possible,
and with Common, we're finally delivering it in a way that anyone can use,
without plugins, without compromises, and without needing to trust a third party.
Privacy becomes something you tap, not something you configure.
This launch is just the beginning of building a truly private, multi-chain financial layer
for Web 3.
Privacy across chains at the touch of a button The common web app works with many popular
wallets, such as Metamask, Ledger, via Metamask, or Rabi, requiring no migration and
allowing users to begin transacting immediately. The mobile app will offer
the same privacy benefits INA Mobile native experience, including Fiat on
ramp support via Banksa and seamless dApp connectivity. As a non-custodial
and completely decentralized platform, common adheres to core DeFi principles.
The entire platform is built on
open source, audited smart contracts, allowing users to verify rather than trust the system.
Simple, cross-chain privacy this launch marks the first step in a larger rollout of Common's
ecosystem. Future features will allow users to. Shielded yield. Earn yield on shielded assets through integrated strategies, without exposing wallet activity.
Smart yield. Automated strategies designed to allow users to set their strategy once and let the system optimize their returns, hands-free.
Staking rewards. Aligning platform growth and user commitment by distributing a share of privacy fees and yield success fees to stakers.
Multi-chain privacy Extending privacy support to key EVM chains
– e.g., Sonic, Borachain, Monad, and emerging Layer 2 networks.
Seamless private bridging Enabling private asset transfers between supported
blockchains, simplifying multi-chain management.
Enhanced fiat access and payments Streamlining access to, from Trad5 via off-chain management, enhanced fiat access and payments, streamlining access to,
from TradFi via off-ramps, IBAN support, and crypto payment cards for everyday use.
For more information about Common and to apply for early access, users can visit https://common.fi/.
About Common Common is a privacy-first DeFi platform that makes financial privacy simple,
accessible, and multi-chain.
Built on all F0's shielder network, Common offers both web and mobile applications that
allow users to shield their assets, earn private yield, and transact securely across multiple
blockchains.
With intuitive UX, fiat on ramps, and non-custodial architecture, Common combines the ease of
fintech with the values of decentralized finance, empowering users to take control of their
on-chain privacy.
Contact Anna Lazomaper at alephzero.org.
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