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Penumbra

Penumbra

Penumbra is a private, cross-chain proof-of-stake network and decentralized exchange for the Cosmos ecosystem. It enables users to shield assets from any IBC-compatible chain, allowing for private transactions, staking, swapping, and liquidity provision without revealing personal information.
Distributed

Description

Penumbra is a private, cross-chain proof-of-stake network and decentralized exchange (DEX) designed for the Cosmos ecosystem and beyond. It is being developed by Penumbra Labs, a company focused on digital privacy and scalability. Penumbra's core feature is providing end-to-end encryption for transactions, ensuring user privacy for staking, swapping, and market-making. Its native DEX allows for secure and private trading, where traders and liquidity providers can protect their strategies. Users can shield assets from any IBC-compatible chain by transferring them into Penumbra's interchain shielded pool. The platform also allows for selective disclosure of information for compliance or accounting purposes and is supported by an active community forum.

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success
COMMUNICATION
CRYPTOGRAPHY
BLOCKCHAIN
RUST
DISTRIBUTED SYSTEMS
STAKING
PROTOCOL DESIGN
ASYNCHRONOUS COMMUNICATION
REMOTE WORK