Confidential Layer is a pioneering decentralized, non-custodial cross-chain protocol that facilitates seamless asset transfers between public and privacy-focused blockchains. By integrating advanced technologies, it enables users to enhance the privacy and security of their crypto assets without compromising liquidity or accessibility.

Tokenomics

The ecosystem is powered by the $CLONE token, with a fixed total supply of 1 billion tokens. The allocation is strategically designed to promote community ownership and incentivize user adoption:

  • Pre-sale (30%):
    • Communities & Contributors (8%): Reserved for early supporters.
    • Private Sale (2%): Allocated to select community participants.
    • Main Sale (20%): Available during main sale rounds for early adopters.
  • Airdrops & Incentives (35%):
    • Incentives (15%): For various programs rewarding partners and participants.
    • Airdrops (20%): Distributed across Pre-Launch/Launch, Community Growth, and Multiyear Volume Airdrops.
  • Liquidity & Listings (10%): To support market presence and trading activity.
  • Launch (5%): Dedicated to initial launch activities.
  • Core Contributors & Strategic Reserve (20%):
    • Core Contributors (10%): For the development team, with a 6-month cliff and 24-month linear unlock.
    • Strategic Reserve (10%): For future strategic initiatives, subject to the same vesting schedule.

Underlying Technology

Confidential Layer employs several advanced technologies to ensure secure and private cross-chain interoperability:

  • Threshold Signatures: Facilitate non-custodial asset transfers by distributing control among multiple parties, eliminating the need for centralized intermediaries.
  • Confidential Assets Technology: Enables the creation of confidential tokens, allowing users to maintain privacy without sacrificing liquidity or accessibility.
  • Bridgeless L1 Blockchain: Serves as the foundation for fully decentralized, seamless bridging between various blockchains, including EVM-compatible chains, Bitcoin, and privacy-focused blockchains.

Market Status

As of December 22, 2024, Confidential Layer has launched its testnet, allowing users to experience the bridging of assets between public and privacy blockchains. The $CLONE token is expected to be listed on major exchanges following the Token Generation Event (TGE), which is scheduled to take place shortly after the last community round.

Investors and Funding

Confidential Layer has garnered attention from various investors and venture capital firms, contributing to its development and growth. The project has conducted multiple funding rounds, including private and community sales, to support its initiatives.

Development Status

The project's roadmap outlines significant milestones:

  • 2022: Research and development of privacy technologies and confidential assets.
  • 2023: Implementation of Confidential Assets, Threshold Signatures, and wallet integration.
  • Q1 2024: Delivery of a working bridge prototype and integration with the Zano privacy blockchain.
  • Q2 2024: Finalization of Threshold Signatures replicator MVP and release of technical papers.
  • Q3 2024: Transition to a fully decentralized model with a functional protocol.
  • Q4 2024: Launch of the Guardians of Privacy campaign, offering participants the opportunity to earn $CLONE tokens through various tasks and activities.

Technological Innovation and Potential

Confidential Layer addresses a critical need in the blockchain ecosystem by enabling interoperability between public and privacy blockchains. Its non-custodial bridge allows users to enhance the privacy of their assets without sacrificing the benefits of public blockchains, such as liquidity and accessibility. By integrating advanced cryptographic techniques and focusing on user-centric solutions, Confidential Layer is poised to play a significant role in the evolution of secure and private digital asset management.

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