Aztec Network has officially launched Ignition Chain, its new Layer 2 solution on the Ethereum mainnet, marking it as the first fully decentralized Ethereum L2 solution. The launch follows a successful AZTEC token sale, with tokens designated for staking, governance, and block rewards. Ignition Chain is designed to provide a comprehensive DeFi privacy experience by integrating zero-knowledge proofs for enhanced privacy and verifiability.
The network has already initiated mainnet block production, with the validator queue reaching 500. Additionally, Aztec Network plans to commence a public auction for the AZTEC token on December 2nd, further expanding its ecosystem and user engagement.
Aztec Network Launches Ignition Chain, a Decentralized Ethereum Layer 2 Solution
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