Aleo Blockchain Raises $200M for Privacy-Minded DeFi

A Crypto Wallet by Any Other Name…

“Zero-knowledge execution,” or Zexe (pronounced “sexy” with a Z), is Aleo’s smart contracts-friendly evolution of ZKPs. It will see users execute off-chain transactions that pair with on-chain cryptographic proofs. Crunching often complex transactions off-chain promises more “scalability, efficiency and privacy” than doing it all on-chain, according to Pruden.

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