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What's Namada Protocol?
FAQs about Namada.
What is Namada?
Namada is a Layer 1 proof-of-stake blockchain that will offer asset-agnostic private transactions built using the Tendermint BFT consensus.
Is Namada a privacy coin?
No, Namada is not a privacy coin. Namada is a protocol that allows two parties, the sender and the receiver, to perform a private transaction through an anonymity set.
Is Namada a Cosmos chain?
Although it’s an asset-agnostic protocol, we can say Namada is an IBC-enabled chain, meaning it can communicate natively with other Cosmos chains. Also, it has a natively integrated custom Ethereum bridge, allowing users to shield their ERC-20s assets.
When is Namada launching?
Namada is currently running its testnet and is expected to launch mainnet on Q1 2024.
Will Namada have its own token?
Yes, Namada’s native token will be NAM.
Is Namada the same than Anoma?
Namada is a fractal instance of Anoma but it’s an independent protocol with its own governance.
Latest news from Namada.
