Dec 6, 2019 – Today, Neo and Incognito announced their intention to collaboratively enhance privacy for the growing Neo ecosystem. By building a trustless privacy bridge between the Neo Smart Economy and Incognito blockchains, Neo will soon be able to empower it’s 2,000,000 users with untraceability and enhanced privacy.
Current blockchain interoperability solutions mostly involve building ad-hoc bridges (Cosmos, Polkadot). As the number of blockchains increases, doing it ad-hoc is no longer an option. We just can’t build N2 bridges.
Scheduled for Q1 2020, Incognito Portal takes a different approach: build once, work with any blockchain. Portal is a general bridge design that connects Incognito to any number of blockchains, allowing for secure two-way transfers of crypto whenever privacy is needed. This means any coin can now be a privacy coin.