Namada Mainnet Goes Live: A New Era of Blockchain Privacy and Interoperability

Published
December 5, 2024
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Namada’s mainnet is now live. As a leading provider of staking infrastructure, Figment is thrilled to be part of this project that is set to redefine privacy standards in the blockchain ecosystem.

Namada, the first implementation of the Anoma protocol, is designed to facilitate private transfers of fungible and non-fungible assets across multiple blockchain networks. With its innovative approach to privacy and interoperability, Namada addresses critical issues in the current blockchain landscape, allowing users to conduct transactions with enhanced confidentiality and security.

Key Features of Namada:

  • Shielded transactions to preserve user privacy
  • Cross-chain interoperability
  • Cubic Proof-of-Stake (CPoS) mechanism for improved network security
  • Hybrid on-chain and off-chain governance model

Figment has been an active participant in the Namada ecosystem, operating on the testnet since November 2022. Our experience with other Cosmos-based blockchains, including Atom, Osmosis, Celestia, and dYdX, positions us uniquely to provide robust validator services for Namada from the outset of its mainnet.

As Namada enters this exciting new phase, Figment is committed to supporting its growth and development. We believe that Namada’s focus on privacy, security, and interoperability aligns perfectly with our mission to support the adoption and long-term success of the digital asset ecosystem.

To start staking Namada today, visit our staking guide. Questions about staking? Reach out to our team today. 

About Figment
Figment is the leading provider of staking infrastructure. Figment provides the complete staking solution for over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets.

The information herein is being provided to you for general informational purposes only. It is not intended to be, nor should it be relied upon as, legal, business, tax or investment advice. Figment undertakes no obligation to update the information herein.

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