Announcing my startup, Penumbra Labs, and its $4.75M seed round led by Dragonfly Capital, with the goal of bringing privacy to DeFi.| Henry de Valence
An overview of Penumbra's development approach to building a fully shielded proof-of-stake blockchain, using transparent proofs to iterate on privacy-preserving mechanics.| Henry de Valence
Penumbra launches its first public testnet featuring multi-asset shielded transactions and client-side chain scanning, marking a key milestone in private blockchain design.| Henry de Valence
Penumbra's fourth testnet, Thelxinoë, introduces private staking and delegation mechanics using delegation tokens, enabling privacy for delegators while maintaining validator accountability.| Henry de Valence
Major progress on core infrastructure including Decaf377 cryptography, Jellyfish Merkle Tree implementation, private staking, and the first non-SDK IBC connection to Cosmos Hub.| Henry de Valence
Penumbra's 29th testnet release introduces private token swaps within the shielded pool, using batch processing to minimize MEV and eliminate transaction ordering.| Henry de Valence
Major improvements simplify client development with tokenized unbonding, personal rollups, and simplified swaps, making Penumbra's privacy features easier to implement.| Henry de Valence
Penumbra's testnet now supports IBC and ICS-20 token transfers, bringing privacy to the Interchain through decentralized, permissionless token transfers from any IBC-compatible chain into Penumbra's multi-asset shielded pool.| Henry de Valence
Major progress on shielded swaps, transaction plans, state models, client sync, governance MVP, and ZK proofs. Plus roadmap for DEX engine and web interfaces.| Henry de Valence
Penumbra testnet launches a private, concentrated-liquidity DEX with batched execution, optimal routing, and in-protocol arbitrage - advancing DEX capabilities beyond current systems.| Henry de Valence
Penumbra Testnet 63 introduces a web wallet and frontend enabling private transactions in the browser without compromising security.| Henry de Valence
Penumbra Testnet 64 'Titan' introduces support for shielded chain upgrades, enabling network coordination on software versions while preserving private user data across upgrades.| Henry de Valence
Penumbra introduces private proof-of-stake using validator-specific delegation tokens, enabling private staking while maintaining validator accountability.| Henry de Valence
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Protocol-level support for Dutch Auctions enables price discovery and better execution.| penumbra.zone