A privacy-preserving, cross-chain decentralized exchange and shielded network built for the Cosmos ecosystem.
About
Penumbra is a fully private, proof-of-stake blockchain network that allows users to securely transact, stake, swap, and market-make across the Cosmos ecosystem without broadcasting personal information. It utilizes end-to-end encryption and zero-knowledge proofs to provide a shielded pool for IBC-compatible assets, ensuring transactional confidentiality.
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Frequently Asked Questions
What does Penumbra do?
Penumbra is a fully private, proof-of-stake blockchain network that allows users to securely transact, stake, swap, and market-make across the Cosmos ecosystem without broadcasting personal information. It utilizes end-to-end encryption and zero-knowledge proofs to provide a shielded pool for IBC-compatible assets, ensuring transactional confidentiality.
How much funding has Penumbra raised?
Penumbra has raised a total of $5M in funding. The most recent round on record is Seed.
Where is Penumbra headquartered?
Penumbra is headquartered in San Francisco, United States.
When was Penumbra founded?
Penumbra was founded in 2021.
What industry does Penumbra operate in?
Penumbra operates in Cryptocurrency, Blockchain, DeFi, Privacy.