Ethereum privacy-focused EVM L2 network Payy officially launched
Foresight News reported that the Ethereum privacy-focused EVM L2 network Payy has officially launched. According to the official statement, once users add the network to MetaMask, transfers become automatically private without any complex operations. Payy stores all ERC-20 tokens through a chain-native privacy pool; direct transfers are completed within the pool; smart contract interactions withdraw from the pool to a new address; private transaction data is stored in an off-chain privacy vault; developers can configure the privacy vault by querying parameters via the RPC URL.
Payy has previously received investments from Robot Ventures, 6MV, DBA, and Protocol Labs.
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