Tags: open-source

(Andriy Onufriyenko/ Getty Images)

Privacy Pools uses zero-knowledge proofs to prove that funds in anonymous transactions are not linked to criminal activity, such as North Korea’s $625 million hack on Axie Infinity.

The open-source stack will allow developers to build web3 apps that enable account abstraction while maintaining a web2 user experience.

The tech company was valued at $8 billion during a funding round last year.