How Anoma and Namada Plan to Enable Intents on Ethereum: EthCC Highlights
At the EthCC event in Paris, the founders of blockchain architecture protocol Anoma and its partner Namada shared a series of updates on their projects. Anoma co-founders Adrian Brink and Christopher Goes explained how their projects aim to enable multi-chain interoperability in the French capital during the three-day event.
On the main stage on the last day of EthCC, July 20, Adrian Brink presented his vision for enabling intents on the Ethereum network. As the first blockchain architecture that focuses on intents, Anoma offers unique features for applications such as end-to-end decentralization, information flow control, and fully customizable intents.
“It is crucial to understand that Anoma is an architecture, not a blockchain,” said Brink, explaining, “This distinction allows existing applications to utilize Anoma’s properties to the extent they require. For example, rollups could employ Anoma’s counterparty discovery to decentralize their sequencer, or use Anoma to generate intents for Ethereum.”
Brink announced the launch of Anoma’s first incentivized Request for Comments (RFC) program on the main stage, which aims to attract developers and researchers from Ethereum and other communities to review Anoma’s architectural specifications and suggest feedback and improvements to the current design.
The RFC program will start in fall 2023, with the Anoma Foundation allocating a part of the Anoma genesis distribution to contributors.
Brink, who is also the co-founder of Namada, a Proof-of-Stake Layer-1 for multi-chain privacy, revealed a new way of swapping tokens anonymously on the Cosmos exchange Osmosis. The feature, called Shielded Swaps, allows Osmosis users to swap tokens privately on a chain that does not support privacy natively.
Namada uses a unique incentivization mechanism called ‘shielded set rewards’ to reward multi-chain users who help increase the privacy for all other Namada users.
The Anoma Foundation is a Swiss non-profit that funds and coordinates the development of public goods such as Anoma’s intent-centric architecture and Namada, an L1 that offers the best multichain privacy to users today. By creating a new way of building blockchain infrastructure layers, Anoma aims to make it easier for web2.5 applications to become fully decentralized and provides new primitives and tools for developers to create applications that were never possible before.
Namada is a Proof-of-Stake L1 for multi-chain privacy that supports any type of asset (fungible and non-fungible). Namada’s innovations include shielded transfers for all assets, providing one shared shielded set to offer the best privacy protection for every individual user. Namada connects to IBC-enabled chains and to Ethereum through a custom trustless two-way bridge. Other features of Namada include “privacy as a public good,” where the protocol rewards users that help increase privacy.