Anoma Foundation Joins Forces with Namada to Empower Community Builders

Anoma Foundation Supports Namada's Community Builders Program

In a thrilling twist for the blockchain community, Switzerland-based blockchain non-profit Anoma Foundation has jumped on the bandwagon of supporting Namada, a multichain privacy protocol. But this isn’t just any run-of-the-mill alliance. No, Anoma Foundation has gone all out by launching the Community Builders Program, making a splash in the quest for privacy and security in public blockchains.

Picture this: a group of blockchain enthusiasts, developers, and advocates gathered together, with their metaphorical capes flying in the wind, ready to contribute their skills and knowledge to enhance privacy and boost adoption. It’s like a superhero team, but instead of fighting villains, they’re fighting for the ultimate goal of privacy in the blockchain ecosystem.

Namada, the privacy-centric protocol built on the Cosmos Network, is strutting its stuff by offering asset-agnostic privacy across multiple blockchains. How, you ask? Well, it’s all about zero-knowledge cryptography, the cloak of anonymity and confidentiality in a public blockchain environment. It’s like wearing an invisibility cloak while walking down a crowded street. Your transactions are happening, but no one knows it’s you. Magical, right?

Now, as blockchain technology takes the world by storm, safeguarding digital transactions has become a priority. Namada’s Community Builders Program is all about community-driven development to ensure the protocol meets the dreams and desires of its users. It’s like an open kitchen where everyone gets to contribute to the recipe, making sure it’s just right. That’s what blockchain is all about: decentralization and community power.

But wait, there’s more! The Anoma Foundation is stepping up to the plate by offering incentives and rewards to those who join the Namada Community Builders Program. They’re not just throwing a few crumbs here; they’re allocating a whopping 10,000,000 Namada tokens (NAM) exclusively to select participants. This is like a digital treasure chest waiting to be opened by those who truly value privacy in blockchain technology.

To show how important this token allocation is, the NAM tokens will be forever encoded into the genesis block of the Namada blockchain. Talk about leaving a lasting mark! It’s like engraving your name on a diamond, a symbol of your commitment to digital privacy.

If you’ve been an early contributor to the development of the Namada protocol, here’s your chance to shine. During the Retroactive Public Goods Funding (RPGF) Round, taking place from November 20 to 26, Namada community members will have the power to vote on and reward these trailblazers. So, if you’ve been working tirelessly behind the scenes, get ready for some well-deserved recognition and rewards.

But it doesn’t stop there. Namada is like the champion of privacy, incorporating a range of mechanisms to support initiatives that promote privacy as a public good. They have Shielded Set Rewards, Continuous Public Goods Funding (CPGF), and a Public Goods Funding (PGF) feature, giving governance-elected stewards the power to fund public goods in various domains. It’s like a superhero city with a budget to make sure everyone stays safe and protected.

So, fellow digital asset investors, it’s time to join the Namada revolution. Put on your capes, grab your invisibility cloak, and contribute your skills to build a better, more private blockchain ecosystem. Together, we can ensure that privacy is not just a dream, but a reality for all. Let’s show the world the power of blockchain, one private transaction at a time.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

FTX's approval for liquidating $3.4 billion worth of tokens this week, what impact will it have on the market?

FTX may obtain court approval for asset liquidation on September 13th. Under the pressure of 3.4 billion sell-off, th...

Blockchain

Hilariously Hot Crypto Drama: FTX and Genesis Global Trading Settle for a Cool $175 Million

Bankruptcy Court Approves $175 Million Settlement between Cryptocurrency Companies FTX and Genesis in New York

Blockchain

IEO re-burns the ring of rich dreams, how long can the dozens of income myths go?

There is no doubt that IEO is the hottest word in the currency. Since January 3 this year, the company announced the ...

News

A picture to understand the blockchain: expansion, going to sea, ending, a decade of exchange history

Expansion, going to sea, ending-ten years history of exchanges On November 14, the Central Bank's Shanghai Headq...

Blockchain

Extreme market challenges major contract exchanges, BTCC contract performance is outstanding

On Friday, Bitcoin ushered in three surges in a short period of time, with a gain of more than 20%. The currency circ...

Policy

Jurors buckle up as Sam Bankman-Fried's criminal trial takes off with riveting jury directions

SBF faces seven charges of financial fraud in connection with FTX's downfall in November.