New York, New York--(Newsfile Corp. - March 4, 2022) - BOBATAMA announces the impending launch of the BOBAMASK Force Ghost Technology utilizing zk-SNARK technology and GHOST WALLET. The GHOST WALLET is a feature that will be able to be turned ON/OFF giving users the choice to invest anonymously. There may be some transactions the user wants to keep private, and some not. Ghost Wallet brings this flexibility into account. BOBAMASK Force Ghost Technology will utilize zk-SNARK technology which stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge." Zk-SNARK is a zero-knowledge proof encryption protocol. The encryption protocol utilizes a secret key generation system. Only the user gets the secret to a given deposit, which allows the user to withdraw the correlating funds from BOBAMASK under a new address.
ZK-SNARK Technology to lead with First Ever Multi-Chain Ghost Wallet
This technology was created by the Zcash cryptocurrency team. They developed it to be a more anonymous cryptocurrency compared to existing ones. However, the above technology has never been integrated into a multi-chain wallet system. The Team is going to utilize privacy enhancing smart contract layers and integrate the zk-SNARK encryption protocol into the BOBAMASK multi-chain system. As cryptocurrency gains widespread adoption, privacy will become more important to users. So why not have that option to invest anonymously available. Bobamask is to make this an easier and a secure DeFi space. Users can have all investments in one place, but with privacy and invest anonymously.
About BOBATAMA Token
BOBATAMA is a variation of the existing meme coins combined with the legendary Boba Fett character. BOBATAMA is on the Ethereum network. Their smart contract combines their liquidity development protocol with a native token reflection distribution. The utility behind BOBATAMA is BOBAMASK, which will be the first ever Ethereum Virtual Machine (EVM) compatible multi-chain wallet with...