Opact Protocol @opactprotocol Twitter profile | Pikagi

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Opact Protocol

@opactprotocol

1,621

Followers

246

Following

95

Media

383

Statuses

Private Transactions on @NEARProtocol and @kadena_io | Bridging the gap between Privacy and Compliance

https://t.co/20ABRPLX6V

Joined August 2022

Don't wanna be here? Send us removal request.

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@opactprotocol

Opact Protocol

5 months

Dear @NearProtocol Community, We’re discontinuing the Opact Tickets app interface & relayer system. You can still interact with the smart contract via Near’s CLI. The project remains open source for anyone to develop interfaces. 👇 Please read this important update.

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@opactprotocol

Opact Protocol

9 months

Hey @kadena_io community, we are thrilled to announce that Opact is coming to Kadena Blockchain. Your privacy is being taken care of. 🔒 @KadenaEcosystem

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@opactprotocol

Opact Protocol

9 months

🍾 Hey @kadena_io Community! We’re thrilled to announce that we’re live on testnet! We’re proud to give the first step towards privacy protection on the Kadena Blockchain! Check out Opact’s browser wallet and leave us your feedbacks! 🥳

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@opactprotocol

Opact Protocol

2 years

is a mixer for well-intended users. Our goal is to prevent malicious actors from using the platform for illicit financial activities. But how do we do it? Fortunately, we have great partners such as @i_am_hapi_one to help us! Let's understand it 👇

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@opactprotocol

Opact Protocol

2 years

We're live on mainnet! You can now perform private transactions on #NEAR @NEARProtocol Go to and try out the beta version! Here's the tutorial:

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@opactprotocol

Opact Protocol

2 years

WE'RE THRILLED TO ANNOUNCE THAT WE'RE LIVE ON TESTNET! Go to , see the tutorial, test the platform and tell us what you think! We're excited to hear the initial feedbacks from the @NEARProtocol Community!

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@opactprotocol

Opact Protocol

9 months

Everything you do on-chain is public. This is the nature of most blockchains. Opact is the solution for identity privacy on Kadena! Its simple and fluid UX allows you to perform transactions just like a regular wallet - but with full privacy! Who’s excited? ☝️ @kadena_io

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@opactprotocol

Opact Protocol

2 years

📢 We're excited to announce that we're about to complete important milestones for the project! This includes: 📚ZK Open Source libs to NEAR DEV community 🌪️App on Testnet And much more! 👀Keep an eye, good news are coming!

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@opactprotocol

Opact Protocol

8 months

Hey Kadena Community! Tell us, what is missing at the ecosystem? We’re curious to know what you want the most to be build here!

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@opactprotocol

Opact Protocol

9 months

Are you still lost with everything Opact Wallet? Don’t worry! We’ve just posted a very complete article written by our co-founder @rafaeldkborges explaining in simple terms everything you need to know! Check it out and feel free to ask any question!

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@opactprotocol

Opact Protocol

8 months

Most blockchains, such as @ethereum & @kadena_io , are intentionally transparent. It means that all transactions are stored forever on the blockchain for anyone to see. If you go to block explorers and input any public address, you'll be able to check its complete history

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@opactprotocol

Opact Protocol

9 months

Opact Wallet is about to go to testnet! Keep an eye on our twitter next week, when we’ll make the official launch announcement. Who’s excited? @KadenaEcosystem @kadena_io

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@opactprotocol

Opact Protocol

8 months

The great question is: how can we provide privacy without facilitating malicious activities? If we think about how traditional financial systems work, what happens is that banks must comply with a series of tough AML and anti-terrorism rules. Keep reading 👇

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@opactprotocol

Opact Protocol

9 months

Hey Kadena Community! We want to know how’s your experience with Opact Wallet this far! Do you like it? Was it easy to use? Let us know in the replies! 5 KDA for the 3 best answers!

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@opactprotocol

Opact Protocol

2 years

💰We've decided to make it a 20 $NEAR giveaway! 🌪️Join us for the first #mixermonday , learn how to use and earn tickets! 👍 Like, rt and follow us to participate!

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@opactprotocol

Opact Protocol

7 months

The key to making the protocol work is the zero-knowledge circuit. The circuit is a mathematical proof that allows the SM to verify that a user is allowed to withdraw funds from Opact Wallet without revealing any information about the user's balance or the source of the funds.

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@opactprotocol

Opact Protocol

2 years

🌪️In 2 hours we'll have the first #MixerMonday ! The goal is to learn how to use and understand how to have privacy on #NEAR ! 20 $NEAR in giveaways to try HYC! Join us and get 💰prizes💰!

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@opactprotocol

Opact Protocol

8 months

If, on the one hand, transparent blockchain's nature allows for decentralization & accountability, on the other, it prevents crypto’s mass adoption as a world financial system. As long as this problem exists, we won’t use it fully in our daily lives. Opact gonna change that!

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@opactprotocol

Opact Protocol

8 months

Opact Protocol was designed to be 100% agnostic with different AML rules and providers. We do not block any transaction at the protocol level, leaving the blocking choices for the frontend developer.

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@opactprotocol

Opact Protocol

8 months

Once you’re inside the private account, the smart contract allows you to send and receive transactions just like any other wallet, but nothing can be seen; only you, as the account owner, can see your balance and transaction history. That’s the magic of Opact Wallet!

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@opactprotocol

Opact Protocol

9 months

You may not care about people watching your movements on-chain, but we assure you: they are! Governments, big institutions and DA companies are able to connect your regular wallet to your identity - and track everything you do. So why Opact Wallet? To protect your privacy!

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@opactprotocol

Opact Protocol

9 months

Have you tried Opact Wallet already? Check out the full tutorial on how to use it and create your account in the link below! Your feedback is valuable to improve the app for mainnet! You can comment on this tweet!

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@opactprotocol

Opact Protocol

9 months

You might be wondering, doesn’t a private wallet facilitate money laundering? Indeed, it could be. But in Opact’s case, no. That’s because we’ve implemented a novel approach to flag malicious transactions, preventing the usage by bad actors. Understand:

How it Works | Opact Wallet

docs.wallet.opact.io

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@opactprotocol

Opact Protocol

9 months

While a Regular Wallet works like a middleware between the blockchain and the user, Opact Wallet is actually a Smart Contract that create abstracted accounts for users to operate inside a private ecosystem.

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@opactprotocol

Opact Protocol

7 months

Opact Protocol works as a smart contract (SM) in the Kadena Blockchain that carries a ZK circuit within it. It is a single SM that receives funds from all users that use it. The SM is responsible for keeping track of the balance of each user, and for allowing users to withdraw.

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@opactprotocol

Opact Protocol

9 months

@kadena_io Tagging some people key people on the ecosystem here to help spread the word! @kadenaecosystem @kdaminer @RyanJlevy @eckoWallet @eckoDAO @KD_Labs @mherron54 @galaxyKDA @JamieMo76724262 @NoVaK_811 @hodl_pepe Thank you all for being part of the journey!

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@opactprotocol

Opact Protocol

2 years

We are doing our first AMA this Wednesday, Nov 2nd, at 7pm UTC, in partnership with @cypherpunkguild ! We’ll be sharing information about the project, its history and roadmap and, of course, talking a lot about privacy. Join us!

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@opactprotocol

Opact Protocol

2 years

👀

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@opactprotocol

Opact Protocol

8 months

We have decided, for Opact’s initial implementation, to not enforce any particular AML protocol at the smart contract level. The security is instead being enforced on the frontend level. This allows for a more flexible implementation and for multiple AML providers to coexist.

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@opactprotocol

Opact Protocol

2 years

We are starting a group to discuss privacy and promote collaboration around the NEAR ecosystem! If you’re building any project related to privacy, or are a big enthusiast of the topic, we’d like to invite you to our first meeting. Join the group:

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@opactprotocol

Opact Protocol

8 months

Instead of storing information transparently, Opact’s smart contract privately stores the information, using UTXOs protected with zero-knowledge proofs — which is why we call it private accounts.

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@opactprotocol

Opact Protocol

7 months

When using Opact Wallet, the only information effectively stored in the blockchain are the transactions depositing and withdrawing from smart contracts. Due to zk proofs, however, it is impossible for an external observer to infer who is paying whom and the real owner of assets.

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@opactprotocol

Opact Protocol

2 years

Privacy has never been so vulnerable. Our information has never been more public accessible. Something has to be done to prevent authoritarianism and massive control. It’s our mission to improve the system that we live on. It’s time to !

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@opactprotocol

Opact Protocol

8 months

A regular crypto wallet simply submits transactions to nodes. In a private account you have a smart contract acting like an abstracted account on your behalf. The good thing about it is that you can implement advanced cryptography techniques on the SM to anonymize transactions.

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@opactprotocol

Opact Protocol

2 years

2023 has been a busy year! @NEARProtocol community is one step closer to have private transactions. is evolving fast and we expect to go to mainnet by the end of the month! Who else is excited?

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@opactprotocol

Opact Protocol

2 years

You can send $NEAR directly to another wallet, but it will be forever available for anyone to see on the blockchain history. Instead, you can use to deposit your tokens and withdraw it to a new wallet, breaking the link between sender and depositor.

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@opactprotocol

Opact Protocol

8 months

Blockchain data analysis is improving every day, making it increasingly easier to connect a pseudonymous public wallet address to a real-world person.

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@opactprotocol

Opact Protocol

2 years

We'd like to share some ZK Libs that we've made for and for the NEAR ecosystem! MIMC Lib: Groth Lib: Bigint Lib: Use it with responsibility! 👀 Here are some observations 👇

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@opactprotocol

Opact Protocol

7 months

What gets you the most excited about Opact Wallet? Is it the possibility of performing private transactions? The astonishing UI that our team has created to make it super easy to use? Or is it something else? We’re excited to hear from you, tell us in the comments!

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@opactprotocol

Opact Protocol

8 months

A private account allows for private transactions, such as sending and receiving tokens and NFTs and interacting with DeFi applications, in a way that does not save all your data publicly on-chain. Try it now for free:

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@opactprotocol

Opact Protocol

8 months

Even though we have ugly and complex public addresses on our wallets that do not seem to correlate to who we are at all, and it may seem like no one knows the trades and transactions we perform in our day-to-day crypto activities, the reality is actually the opposite.

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@opactprotocol

Opact Protocol

8 months

Standard blockchain accounts aren't private. Most crypto wallets, such as Metamask, are transparent by default, acting like a middleware between the user and the blockchain. Transactions you perform using these wallets are public & forever stored on the blockchain.

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@opactprotocol

Opact Protocol

9 months

Opact Wallet also works on mobile, currently through @koalawallet app! Check out how to use it in this video tutorial that we’ve just launched!

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Opact Wallet - the mobile tutorial

Opact Wallet work as a mobile app wallet as well, currently connecting to the Koala Wallet. Check out the following tutorial on how to create, receive and se...

www.youtube.com

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@opactprotocol

Opact Protocol

2 years

💰 10 NEAR TICKET GIVEAWAY 💰 🌪️Join us for #mixermonday ! Let's try and have our identities protected all together. Like, rt, follow and join us at the event to participate! 🏆more giveaways to try HYC during the event 😎

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@opactprotocol

Opact Protocol

8 months

It may seem hard to get insights about users by reading a block explorer, you may need some data analysis knowledge. But guess who has this capability? Governments, big techs, and major data analytics firms (which provide data intelligence to anyone who can pay for it). Got it?

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@opactprotocol

Opact Protocol

2 years

📢 Have you listened to our podcast with @ready_layer_one ? A full understanding of HYC, the philosophy behind the project and its perspectives. Check it out! Apple Spotify

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@opactprotocol

Opact Protocol

2 years

🔐PRIVACY FOR GOOD: Even though it’s often said that privacy is only used for bad actions, the fact is that it’s actually needed for a whole bunch of situations. In this thread we'll highlight some of them! 👀 You might identify yourself

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@opactprotocol

Opact Protocol

1 year

What's the real use case for and other privacy tools? Why is it important? @jasso_hack , CTO and co-founder of the project, explains it during our participation at @ready_layer_one podcast! Check out the whole episode: Spotify

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@opactprotocol

Opact Protocol

2 years

Have you tried already? If not, check out this simple tutorial on how to use the app! Simple. Safe. No secret here!

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@opactprotocol

Opact Protocol

1 year

Why are we rebranding ? Even though we loved the name from the beginning, it's clear to us that it's the best option from a branding strategy pov. Let us explain here the reason for our change 👇

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@opactprotocol

Opact Protocol

2 years

Yesterday we had our first meeting for the NEAR Privacy group! A nice moment to discuss the ZK technology, its implementation on the NEAR network and deeply understand the some of the projects building here. In 2 weeks we have a new meeting, which we'll be sharing here!

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@opactprotocol

Opact Protocol

2 years

It's the final road to #NEAR mainnet! is about to launch this week! How about understanding a little bit about our basic concepts? Check out the complete video:

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@opactprotocol

Opact Protocol

2 years

In order to have a user-owned internet, we must be transparent and fair. But, that does not mean that everyone must be able to know what everyone is doing. Users must be free to disclose what they are doing, but that should not be forced. Privacy is a right. Fight for it.

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@opactprotocol

Opact Protocol

2 years

🌪️ MIXER MONDAY 🌪️ Hey #NEAR community! We are organizing a community mixing day, where we're gonna learn how to use and mix our funds all together! There will also be 🤑 ticket giveaways 🤑 for the participants! Come and mix with us!

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@opactprotocol

Opact Protocol

1 year

There are a couple ways to interact with . You can interact directly with the smart contract, use our frontend, and it we'll be soon natively built inside other wallets and dapps! Check out everything about the project: Spotify

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@opactprotocol

Opact Protocol

1 year

Our mission has always been to leverage state of art technology to enhance the blockchain ecosystem. We believe privacy is a must have for the future, & that’s what we’re working on. You can perform private transactions on #NEAR by using HYC. Soon you’ll be able to do much more

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@opactprotocol

Opact Protocol

2 years

Did you know that blockchains such as @Ethereum and @NEARProtocol ARE NOT private? All your transactions are publicly stored forever! That's why we need to think about privacy. Check out our solution for that on the complete video:

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@opactprotocol

Opact Protocol

1 year

Baking the new branding... 👀 some spoiler to get you guys excited for the next weeks!

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@opactprotocol

Opact Protocol

1 year

#NEAR has amazing wallet projects! And you can use all of them at ! Which one is your favorite? Which one should integrate HYC natively? 👀 @MeteorWallet @MyNearWallet @SenderWallet @Nightly_app @WelldoneStudio_ @xdefi_wallet @here_wallet

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@opactprotocol

Opact Protocol

2 years

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@opactprotocol

Opact Protocol

2 years

A question for the #NEAR ecosystem and @hideyourcash users: What do you think about the name ""? Be honest and help us to improve our branding! We'll take it seriously. Would love to hear more on the comments.

I like hideyour.cash

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Indifferent

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I don't like the name

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@opactprotocol

Opact Protocol

1 year

🇧🇷 Brazil has a super advanced financial system, with easy to use tools and a whole universe of fintechs. The more financially advanced a country is, the harder it is for crypto to compete. How is it at your country? #brazil #crypto

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@opactprotocol

Opact Protocol

2 years

Mixer use case: Anonymous Donations! Have you ever heard the story of the Pinapple Fund? Over $50 million in BTC donated anonymously to charity! Check out the whole story 👇

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@opactprotocol

Opact Protocol

2 years

Do you know exactly what problem is solving? Why we are building this tool? Check out this tread to understand the reason for our existence! 👇

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@opactprotocol

Opact Protocol

7 months

We’re exhaust to say that everything you do on-chain is visible for anyone to see since the blockchain is public. But what we are curious is: what scares you the most about it? PS: your votes are anonymous!

Hackers trying to hack me

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Don’t pay taxes on crypto

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@opactprotocol

Opact Protocol

1 year

is for Web3 what https is to web2: A basic infrastructure that is necessary for privacy preserving, but that most people don't even know that it exists. However, internet would not be the same without it. Check out the podcast

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@opactprotocol

Opact Protocol

2 years

The first attempt to bring privacy to NEAR. A private transactions tool made for well-intended users. Send and receive NEAR anonymously with a simple interface. Protect your financial data and your identity. No, not everyone should know what you’re doing.

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@opactprotocol

Opact Protocol

1 year

We've been away for a month to rethink our strategy. has been a great opportunity to test out the concept of bringing private transactions to #NEAR , but now it's time to evolve! Keep an eye here for amazing announcements in the following days!

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@opactprotocol

Opact Protocol

1 year

What's your favorite Opact pool? 1, 10, or 100 NEAR? 🏊🏻‍♀️ #BOS

1 NEAR

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10 NEAR

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100 NEAR

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I use USDT

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@opactprotocol

Opact Protocol

2 years

In 2 hours we’ll have the first NEAR #mixermonday ! Join us to learn how to use and earn free tickets!

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@opactprotocol

Opact Protocol

2 years

We are very happy with all the feedbacks that we have been receiving about 's testnet version! We'll keep working hard to improve the platform and to bring it to mainnet ASAP!

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@opactprotocol

Opact Protocol

2 years

Internet has improved uncountable aspects of our lives. However, the more it evolves, the less privacy we have. Our data is spread around the network and there’s not much we can do about it today. Web 3 is our best shot to improve the current system. This is our mission.

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@opactprotocol

Opact Protocol

9 months

@AdrianCardoso @kadena_io @KadenaEcosystem Thank you Adrian

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@opactprotocol

Opact Protocol

2 years

PRIVACY MATTERS! Why are we worried about privacy? There are sociological and philosophical reasons why we are so interested in privacy. In this thread, we'll share them with you! 👇

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@opactprotocol

Opact Protocol

2 years

Today we are having another Group Discussion about Privacy on NEAR! Join us at our telegram group to have access to the meeting:

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@opactprotocol

Opact Protocol

1 year

We saw this quote from @VitalikButerin and couldn't agree more. In the long term, privacy is a must have if we want the blockchain ecosystem to be secure for everyone!

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@opactprotocol

Opact Protocol

1 year

Blockchains are countryless, and this makes it super hard to be compliant with every regulation. That's why our mentality is to avoid doing anything wrong and to keep iterating on top of solutions to prevent malicious activities at !

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@opactprotocol

Opact Protocol

2 years

Want to finally understand what is and why it differentiates from other privacy projects? We've made a video with a business overview of the project and all the information that you need to understand HYC! Check it out here:

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Hideyour.cash: A Business Overview | Privacy with Compliance

What is hideyour.cash? Why building such a tool? What are the current solutions regarding privacy and compliance for the blockchain? How hideyour.cash differ...

www.youtube.com

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@opactprotocol

Opact Protocol

2 years

Last week we retweeted a post from @a16z referring to the importance of creating a system where we can provide privacy and prevent illicit finance at the same time. Now, we'll share part of the article where they explain their position, which we 100% agree! Follow us:

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@opactprotocol

Opact Protocol

2 years

Blockchain is NOT a good substitute for TradFi yet. While blockchain offers a decentralized and secure way of conducting transactions, it also comes with a major drawback - lack of privacy. We just made a video about it! Check it out:

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@opactprotocol

Opact Protocol

1 year

Having a private pool party this weekend! 🏊🏻‍♀️ Who got a ticket? 🎟️

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@opactprotocol

Opact Protocol

2 years

"There's stealthy tech for you to be able to have privacy on the blockchain. But this is an absolute privacy or a cryptographic privacy that is not in compliance with the current standards for banking sigil" Check out the whole video:

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@opactprotocol

Opact Protocol

2 years

Everything can be used for good and for bad. Bad actions from some don’t justify denying privacy for all. We’re here to create the tools of the future that will enhance blockchain privacy for well intended users. You have this right. Join us on this fight! #NEAR

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@opactprotocol

Opact Protocol

9 months

@NoVaK_811 @AdrianCardoso @rafuael @kadena_io @eckoWALLET Hi @NoVaK_811 ! Thanks for providing your feedback. Were you able to send testnet tokens to your Opact Wallet? In case not, we're going to release a special tutorial explaining everything today! Besides that, you can already see some content on our docs:

Tutorial | Opact Wallet

docs.wallet.opact.io

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@opactprotocol

Opact Protocol

2 years

Do you guys know about Privacy and Security, primitives? These are some security properties from cryptography that enhance efficiency and security on blockchain. What are the requirements of a private and secure transaction? Just come with us and let us introduce some stuff! 🧵

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@opactprotocol

Opact Protocol

1 year

"Until what point is privacy a fundamental right, if it conflicts with the capability of the state to fight terrorism and violence, given that life itself and security are also human rights?" 👆 One of the premises for ! Check out:

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@opactprotocol

Opact Protocol

2 years

A quick reminder that tomorrow we'll have our first AMA in partnership with @CypherpunkGuild ! It will be a pleasure to have you with us since the beginning of our journey 😀 #web3 #blockchain #privacy #NEAR

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@opactprotocol

Opact Protocol

2 years

We're excited for today's AMA with @waxnear , where we'll be discussing every aspect of the project! is about to launch on mainnet. Join us if you'd like to understand everything about it! #NEAR

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@opactprotocol

Opact Protocol

2 years

Help us understand the general public awareness about privacy on the blockchain! 1) Blockchains like NEAR are 100% private 2) Blockchains like NEAR are not private at all 3) Blockchains like NEAR are partially private (pseudonymous) What do you think? Share your thoughts!

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@opactprotocol

Opact Protocol

1 year

We’re creating an easy way to anonymize your funds and transact privately on the blockchain. The new version of our product will facilitate the transfer of funds, dapp integration, and fund management. Get ready for a new way of taking care of your privacy on-chain!

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@opactprotocol

Opact Protocol

2 years

Did you know that to get anonymity with and other mixers you need more than tech? There's another fundamental ingredient: people. More users = more privacy. Let us explain 👇

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@opactprotocol

Opact Protocol

2 years

We believe in a future where individuals will own their data. We believe in a future where everyone will have their right to privacy protected. We believe that technology is the best way to enhance individual’s privacy. And we’ll be part on the construction of the future.

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@opactprotocol

Opact Protocol

8 months

3. That’s why we are testing new concepts to prevent malicious activities. In this case, we are implementing the compliance concept described in Vitalik’s paper “Blockchain Privacy and Regulatory Compliance”.

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@opactprotocol

Opact Protocol

2 years

Awesome projects coming to the ecosystem!

@CypherpunkGuild

Cypherpunk Guild

@CypherpunkGuild

2 years

We are glad to announce that @IncognitoChain has successfully launched the NEAR<>Incognito Bridge. #NEAR users can now perform cross-chain swaps in incognito mode 🥷 🎉 More integrations announcements coming soon 👀 Try it out 👇

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@opactprotocol

Opact Protocol

2 years

Privacy on the Blockchain: why is it important? Check out this thread to understand the main points of attention when discussing privacy on the blockchain! 👇

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@opactprotocol

Opact Protocol

2 years

"I always thought that blockchains were private" It might seem like that, but it's actually the opposite. Check out the complete video to understand everything about privacy on the blockchain:

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@opactprotocol

Opact Protocol

2 years

Blockchains are transparent and that's a wonderful thing. It's great to be able to verify the suitability of the system and to have a system where anyone can participate. This is the upside of the transparency! Check out the whole video here:

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@opactprotocol

Opact Protocol

8 months

4. In a nutshell, instead of doing a KYC (which stands for Know Your Customer), the protocol accepts agnostic inputs from security providers for each transaction that a user performs, which might flag a transaction as malicious or not based on its origin. Let’s understand 👇

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@opactprotocol

Opact Protocol

9 months

Users should deposit tokens from a regular wallet to Opact to be able to perform transactions. In the future, it will be possible to connect Opact to other applications to perform private trades and other transactions!

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@opactprotocol

Opact Protocol

8 months

1. Banks comply by doing KYC, asking for proof of revenue, analyzing transactions, and other activities — even though it’s fairly known that the efficiency of these actions is very low.

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@opactprotocol

Opact Protocol

2 years

Last year, was sanctioned by US authorities for being used for illicit financial activities, such as money laundering. Since that, we've been working on the creation of a privacy tool, but with compliance features. Know why? Let us explain 👇

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