Cryptocurrency Monsoon Finance (MCASH)
The price for Monsoon Finance (MCASH) cryptocurrency is currently 0.0031 $ (15 min delay),
daily range of currency change is 0.0030 - 0.0032 .
Last 24 hours news: trading volume -
12.13K $, price variance
-1.49%
.
Chart Monsoon Finance (MCASH)
Monsoon Finance Quotes
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What is Monsoon Finance (MCASH)
Monsoon Finance is a multichain privacy protocol building a suite of privacy services for DeFi users on every smart contracts blockchain. Monsoon uses zk-SNARKs to break the link between cross-chain and wallet-to-wallet transactions.
Monsoon is building three privacy services: a wallet-to-wallet privacy tool, a multi-chain privacy bridge, and a multi-chain privacy DEX. The wallet-to-wallet privacy tool is a fork of Tornado Cash that supports multiple different EVM blockchains (including BSC, Polygon, Avalanche, Moonbeam, Acala, etc) with a built-in protocol fee.
The multi-chain decentralized privacy bridge will allow users to move assets across any blockchain in a completely private and decentralized way. Monsoon nodes will stake MCASH to validate cross-chain transactions, but these transactions use zk-SNARKS to prevent nodes or any onlookers from linking deposits to withdrawals. A majority consensus amongst staking nodes must be achieved for transactions to be processed, meaning the process is both decentralized and private.
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