tomi Introduces Privacy Stablecoin and Layer-2 Protocol on Ethereum

• tpUSD will allow users to transact privately.
• tomi Privacy Layer (TPL) uses zero-knowledge proofs to preserve user privacy.
• tpUSD will be the first token on TPL.

tomi, a crypto project led by eight anonymous crypto veterans, has launched a new encrypted Layer-2 protocol on Ethereum.

Current ERC20 tokens allow users to see other users' wallet addresses, balances, and histories, preventing private transactions on the Ethereum mainnet. tomi claims to solve this with the launch of tomi Privacy Layer (TPL), an encrypted privacy layer empowering users to hide their information and preserve their private data by utilizing zero-knowledge rollups and SNARK proofs.

ZK-rollups are a Layer-2 scaling solution that...