How Ola Recognizes the Urgent Need for Robust Privacy Across the Blockchain Space
Too Long; Didn't ReadIn August 2022, the Office of Foreign Assets Control (OFAC) announced sanctions against Tornado Cash. OFAC’s sanctions cast a shadow on protocols aiming to achieve privacy on public blockchains. This led to discouragement in the market towards privacy and raised regulatory concerns. Ola, an Ethereum Layer 2 network that supports programmable privacy, still recognizes the urgent need for robust privacy across the blockchain space. This report aims to provide an update on the latest developments and news related to Ola and zero-knowledge cryptography, which has the potential to revolutionize the way we approach privacy and security in the digital age.