Silent Protocol Announces ‘Ghost Layer’: The First Modular L1.5 for Ethereum

Silent Protocol Announces ‘Ghost Layer’: The First Modular L1.5 for Ethereum

full version at blockchainreporter.net

Silent Protocol launched the Ghost Layer, a new modular Layer 1.5 solution intended to improve the Ethereum blockchain environment. This invention is a key step toward incorporating privacy-focused technology into public blockchain applications, fulfilling the demands of both retail and institutional users. 

The Ghost Layer uses a zero-knowledge (ZK) mechanism with Silent Protocol’s unique 0VM technology, allowing for the secret storage of assets and the unfettered movement of value across various blockchain platforms. One important characteristic of the Ghost Layer is its ability to assist the integration of current apps into secure processes by creating accessible routes to multiple execution levels. 

The Ghost Layer’s conceptual base places it in a unique position inside the blockchain architectural hierarchy. According to Novachrono, founder of Silent Research Labs, the Ghost Layer may be thought of as Layer 1.5.

The founder of Silent Research Labs, Novachrono, explained the unique position of the Ghost Layer in the blockchain hierarchy: “If you create a ledger whose state is decided by the base ledger but the computation is stored elsewhere—you can call it a Layer 1.5.” T

This placement enables it to capitalize on the stability of base-layer processing while adding layers of privacy and interoperability. 

The Ghost Layer’s background technology draws on Silent Protocol’s previous creation, the EZEE foundation, which was introduced in 2023. The EZEE framework addresses the issue of state denial by introducing a completely composable design that ensures functional privacy. This approach enables developers to design networked applications without the constraints of standalone systems. 

Silent Protocol has also created the Silent Compliance VM to enhance its privacy features. This decentralized Protocol allows for selective data disclosure, preventing malevolent actors from misusing data and ensuring transparent but secure blockchain operations. 

Isa Sertkaya, Co-founder and CTO of Silent Protocol emphasized the Ghost Layer’s strategic advantage: “Rooted out of Ethereum and supporting Ethereum assets, the Ghost Layer achieves modularity not by capturing value vertically but by enabling horizontal composability across different chains.”

This method enables the Ghost Layer to expand the capabilities of the Ethereum ecosystem without constraining it, resulting in a vast network of interoperable apps. 

Introducing 0VM technology inside the Ghost Layer improves system state management by checking updates and using the base ledger for state validation using zk-SNARKs technology. This cryptographic approach is critical for maintaining privacy while checking transaction validity without disclosing the underlying data. 

This launch demonstrates Silent Protocol’s dedication to providing a compliant and flexible framework that enables institutions to safely and discreetly exploit Ethereum’s capabilities. The Ghost Layer allows developers from diverse blockchain ecosystems to convert their current applications into privacy-focused applications known as 0dapps while still having access to the liquidity of the mainnet. 

Silent Protocol promises to increase security and compliance in blockchain applications while maintaining speed. Founded by blockchain inventors, Silent Protocol has been key in developing scalable, privacy-focused solutions such as the EZEE framework and Silent Compliance VM.

These tools are intended to assist developers and organizations in transitioning current platforms to safe, privacy-preserving applications and promote interoperability across various blockchain systems. 

The release of the Ghost Layer by Silent Protocol aims to address the increasing desire for anonymity in blockchain transactions, a fundamental issue for individual and institutional actors in the digital economy. The capacity to perform transactions and manage assets on a public ledger like Ethereum while maintaining anonymity may boost blockchain adoption in industries that handle sensitive data, such as banking, healthcare, and government. 

Possible Implications

Developing technologies such as the Ghost Layer may lead to more widespread uses of blockchain technology by increasing its versatility and compliance with regulatory standards. This might open the way for new types of digital interactions and transactions that are safe, private, and cross-platform compatible. 

Furthermore, as blockchain technology evolves, the Ghost Layer’s emphasis on flexibility and interoperability might serve as a baseline for future innovations in the sector. This might result in more complex blockchain designs that can interact with one another, creating a more linked and efficient digital environment. 

The release of the Ghost Layer by Silent Protocol is a significant step forward in integrating privacy and interoperability into the Ethereum network. This technology improves the functioning and usability of blockchain technology and paves the way for future developments that might alter the digital world. 

Recent conversions

1000 TRX to NOK 80 BTC to CAD 100.000 ISK to EUR 0.54 BTC to CZK 1 ZENI to USD 0.124 ETH to ETH 0.068 BTC to CHF 0.4 ETH to BTC 0.0024 BTC to CAD 1 BTC to BMD 15 ETH to USD