At Aztec, our goal is to take the original promise of Ethereum–a decentralized and verifiable world computer–and expand its capability immensely by making it fully encrypted.
In the current public blockchain paradigm, users and entities unknowingly broadcast data in the public, compromising privacy and security to get trustlessness.
Not only are unencrypted blockchains inherently privacy-exposing, they require significant redundancy to compute and verify the legitimacy of transactions.
Implementing scalable encryption in a public blockchain paradigm requires cutting-edge math and engineering. Thankfully, our team of scientists and engineers invented Plonk, the industry-standard zkSNARK, and Noir, the universal language of zero knowledge.
Now, we’re building a first of its kind public-private encrypted blockchain: Ethereum, encrypted. And it’s now time to bring it to market.
We’ve raised $125 million from industry-leading investors including a16z crypto, Paradigm, Variant, Consensys, and a_capital, and we’re growing quickly.
We’re creating a general-purpose private smart contract layer for Ethereum, affectionately dubbed ‘Aztec 3’.
We utilise bleeding-edge cryptography in our tech stack to realise private transactions on a public blockchain network, particularly in the realm of zero-knowledge cryptography.
As a result we possess a world-class R&D team that has co-authored the Plonk and Plookup ZK-SNARK protocols. Plonk in particular is rapidly becoming an industry standard ZK-SNARK technology.
We are looking for experienced cryptographers to expand our R&D team and allow us to further enhance the state-of-the-art when it comes to generating proofs of private computation.
At Aztec we believe privacy isn’t just a fundamental right, but a creative force for web3. Our goal is to unleash the full potential of decentralized technologies by building an open, privacy-first network with no compromises.
Privacy enables use cases that otherwise would not be possible and accelerates mainstream adoption. The next wave of web3 applications will require programmable privacy. Aztec’s technology empowers developers with the tools to build private applications and bring their ideas to reality.
Our journey started while building an application to bring syndicated loans on chain. We realized that our idea was a nonstarter without privacy. There were no solutions to offer privacy on public blockchains - so we sought out to build it ourselves. Since then, we've made industry-leading advances in cryptography, and deployed a private money platform and a private DeFi platform.
To realize our vision of implementing privacy on a public blockchain, we are building a world-class team of cryptographers, engineers, and ecosystem builders. Supporting us on this journey are leading investors including Paradigm, Variant, Consensys, and a_capital.