DWF Labs is proud to announce its investment in Obscuro, a cutting-edge layer 2 solution for Ethereum that brings privacy and scalability to the decentralized world. Obscuro is revolutionizing the Ethereum ecosystem by enabling users to transact with full privacy on any Ethereum smart contract, with no changes to their user experience.
Obscuro provides the entire Ethereum Virtual Machine (EVM), making it easy for application developers to port their existing Ethereum applications to Obscuro, while still using all of the great existing Ethereum tooling like Remix, Ganache, and Ethers.js. With Obscuro, developers can create private Ethereum applications with ease, without the need for specialist knowledge.
The Obscuro network is run by its users, and is unstoppable, uncensorable, and will never go down. The network is secured by a novel Proof of Block Inclusion (POBI) protocol, which ensures that assets can be withdrawn back into Ethereum much faster than competing layer 2s. Obscuro solves the front-running issue, known as Maximal Extractable Value (MEV), by ensuring that miners cannot see transactions, providing an unparalleled level of privacy and security.
Obscuro is the solution to the scalability and privacy challenges facing Ethereum, and is poised to unlock a whole new world of use-cases. With faster, cheaper transactions and the ability to transact with full privacy, Obscuro is changing the game for the decentralized world.