Centralization issues in blockchain infrastructure undermine the core principles of decentralization, transparency, and trust. Insaanity is a protocol that addresses these concerns by introducing decentralized infrastructure features and applications. It utilizes EigenLayer nodes to bootstrap services and borrows trust from Ethereum. Insaanity's threshold cryptography offers secure and decentralized systems, supporting secure computations and fault tolerance.
The incorporation of zero-knowledge proofs (ZKPs) into Insaanity's P2P network ensures transaction verification without revealing sensitive information. Insaanity's primary applications include decentralized bridges for asset transfer, threshold proxy re-encryption for secure data sharing, and advanced wrapping solutions such as Gilded NFTs.
The protocol also contributes to the development of decentralized gaming ecosystems by providing trustless middleware for seamless asset ownership and value transfer. Insaanity's innovations offer practical solutions for enhancing decentralization, privacy, security, and efficiency in blockchain infrastructure and applications.
Last modified 7mo ago