We are thrilled to announce the launch of Shutter API, a threshold encryption service designed to simplify the integration of privacy features into decentralized applications (dApps)!
Shutter API is now live and already powering several early-stage applications while collaborating with partners to explore new use cases.
Unlike the encrypted mempool on Gnosis Chain, OP Stack, or Ethereum L1, which addresses censorship and malicious MEV at the protocol level, Shutter API focuses on the application layer, enhancing encryption accessibility for dApp developers.
This service supports commit-reveal workflows, encrypted time-locked transactions, and improves transaction privacy for various applications, including gaming, governance, and finance.
Encryption is essential for Web3 adoption as it protects sensitive information and fosters fair markets. Shutter API ensures temporary privacy, allowing information to be disclosed at the right moment—like a sealed envelope that only opens under specific conditions.
Key use cases include:
- Governance & Voting
- Sealed-Bid Auctions
- Fair Gaming
- Smart Account Encryption
- Time-Locked Gifts
How It Works:
- Register an Identity
- Encrypt Data
- Submit Action
- Decrypt at the Right Time
Shutter API simplifies encryption integration, requiring no cryptographic expertise and minimizing trust. This is just the beginning, with more applications in development. Join our livestream tomorrow to see how encryption is shaping the future of Web3!
Learn more at the Shutter Blog: https://blog.shutter.network/introducing-shutter-api-threshold-encryption-service/
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