Payy hides Ethereum transactions by default, even when using MetaMask.
Users get privacy without changing wallets or apps.
Payy has launched a new privacy-focused Layer-2 network built on Ethereum, which makes the everyday crypto transfers invisible to the public by default while still running on popular wallets like MetaMask.
On the public blockchains wallets transactions and balances are visible, and this can be tracked, which leads to the exploit and front running. Payy says that this level of transparency has slowed the adoption of the institutions, Fintech companies, and everyday stablecoin users. So the New layer 2 network makes the transactions private automatically.
How Payy’s Layer 2 Network Works
Payy network works on Ethereum by adding a privacy layer without changing it. When users send the token, the transactions are routed through private ERC 20 pools, which makes it harder to trace the funds, and users can continue using the existing wallet. ERC20 t
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