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Why has Namada become a new star in privacy-focused Crypto Assets?
Core Points
Against the backdrop of privacy being increasingly regarded as a fundamental right in the on-chain world, Namada is emerging with a new generation of infrastructure, achieving a balance between usability, decentralization, and zero-knowledge privacy, making it a highly potential asset in the eyes of developers and investors.
Directory
What is Namada (NAM)?
The core advantages of Namada
The issuance and usage of NAM tokens
Comparison of Namada with Other Privacy Coins
The development history, roadmap, and ecological expansion of Namada
Namada (NAM) is a cutting-edge privacy-focused Layer-1 blockchain that is redefining the way digital assets are protected in a multi-chain world. With its ability to provide privacy protection for a wide range of compatible crypto assets, Namada is one of the most innovative projects in the zero-knowledge ecosystem.
Namada has now been launched on XT.com, and trading is about to start. Global users can access this next-generation privacy solution with just a few clicks.
What is Namada (NAM)?
Namada is a Layer-1 blockchain specifically designed to achieve multi-asset privacy protection, utilizing the cutting-edge zk-SNARKs cryptographic technology in the current crypto field. It was launched by the Anoma Foundation team with the aim of creating a unified Web3 ecosystem that respects user privacy. In this ecosystem, users, rather than centralized platforms, hold the control over the visibility of their assets and actions.
Unlike traditional privacy coins, such as Monero or Zcash, which only support the privacy of their native assets, Namada can add a layer of privacy to any compatible asset, including Ethereum tokens, assets in the Cosmos network, and even NFTs, without having to modify the code of the asset itself. It enables the privacy protection and exchange of cross-chain assets, and maintains high-speed processing power and decentralization. This is all thanks to the adoption of the Cosmos SDK, which supports IBC (Cross-Chain Communication Protocol), making it naturally interoperable.
Core Advantages of Namada
Namada is not a project that follows the trend of the "privacy" concept, but aims to create a powerful, flexible, and interoperable privacy solution from the architectural level. The following are several key features that give Namada (NAM) a competitive advantage:
Other privacy coins only protect their own tokens, but Namada can conduct private transfers for ETH, ATOM, USDT (via IBC), NFTs, tokenized assets, and even cross-chain assets from EVM chains like Ethereum in the future.
Namada's privacy model is asset-agnostic, and this groundbreaking design enables it to bring "universal privacy" to DeFi and multi-chain ecosystems.
Namada's core privacy technology is zk-SNARKs. This zero-knowledge proof technology can verify the validity of transactions without revealing the transaction initiator, recipient, or amount, achieving not only untraceability of transactions but also effectively preventing front-running and on-chain surveillance.
A common issue in the crypto world is that users must hold specific "gas tokens" to pay transaction fees. Namada allows users to pay gas fees with any token through its gas abstraction feature. This functionality lowers the entry barrier and enables DApp developers to provide users with a smoother experience.
NAM is developed based on the Cosmos SDK and fully supports the IBC protocol, which means it can seamlessly connect with Cosmos ecosystem projects including Osmosis, Juno, Secret, etc., and in the future achieve bridging with chains like Ethereum and Polkadot, maintaining asset privacy.
Namada uses the DPoS (Delegated Proof of Stake) consensus mechanism. Users can stake NAM tokens to support network security and earn rewards while participating in network governance. This mechanism balances decentralization and high efficiency.
Namada is the first blockchain to introduce a "public goods funding mechanism" on-chain. A portion of the protocol's revenue will be used to support open-source developers, privacy researchers, and community projects that serve the ecosystem. This aligns with Namada's long-term goal: not only to build privacy tools but also to fund the future of internet privacy.
Issuance and Use of NAM Tokens
The NAM token officially began sales in mid-June 2025 and was listed for trading on several mainstream cryptocurrency exchanges. After its launch, it quickly triggered a buying frenzy, leading to a market phenomenon of "FOMO" (fear of missing out), causing its market value to soar from $30 million to $60 million in just a few hours. From a fundamental perspective, the value of NAM is comparable to ZEC (Zcash) or XMR (Monero), and even has advantages in certain aspects. However, its market capitalization is still far lower than the two, indicating significant potential for growth.
NAM is the native utility and governance token of the Namada blockchain, playing a core role in ensuring network security, promoting privacy transactions, and enabling on-chain governance. Although Namada allows users to pay Gas fees and participate in staking using other tokens, all staking rewards are distributed in the form of NAM. Additionally, users holding NAM can participate in on-chain governance, including protocol upgrades, fee structure adjustments, inflation parameter modifications, validation node elections, and the introduction of IBC partners, making NAM a highly community-driven token with multiple security mechanisms.
With the continuous application of Namada in cross-chain DApps and the increasing potential as a collateral asset, NAM will possess strong cross-chain utility value in the future. If it is adopted as the primary governance token by multiple platforms, its growth potential will be limitless.
Comparison of Namada with Other Privacy Coins
There are already well-known privacy coins such as Monero (XMR) and Zcash (ZEC) in the cryptocurrency space, but Namada (NAM) has brought a new concept of "multi-asset privacy" that has completely reshaped the way privacy is implemented in the blockchain world. Here's a comparison table between Namada and these mainstream privacy coins to help you visualize what makes it unique:
Privacy Technology and Compatibility Analysis
In short: Monero and Zcash were born for private transactions, while Namada is built for a privacy-centric Web3 economy. It is more suitable for a multi-chain, modular, and scalable future blockchain world.
The Development History, Roadmap, and Ecological Expansion of Namada
The Origins of Namada
Namada originates from the Anoma Foundation, which is headquartered in Switzerland and has long been committed to developing decentralized, privacy-focused infrastructure. Anoma focuses on "intention-driven" on-chain coordination protocols, while Namada is an independent Layer-1 blockchain specifically designed for "privacy" in its layout.
Namada Roadmap Outlook
As Namada gains strong momentum in the privacy-first Web3 space, here are the future development trends:
First half of 2025 – Infrastructure phase:
🌐 Ecological Highlights
Namada's development roadmap focuses on practicality, scalable privacy protection, and sustainable incentive mechanisms, rather than relying on hype to attract attention. It is these pragmatic characteristics that set NAM apart from other privacy coins and give it long-term potential that far exceeds speculative value.
Conclusion
In this unprecedented era of blockchain data transparency and traceability, the importance of default privacy has become crucial. Namada (NAM) is not just another Layer-1 chain or privacy coin; it represents a new class of infrastructure that empowers users to control their digital footprint across multiple chains and various asset types.
With the innovative zk-SNARKs zero-knowledge proof technology, support for multi-asset privacy protection, and cross-chain interoperability, Namada provides a future-oriented solution for users, developers, and privacy advocates. This is not about "hiding in the dark," but about defending your right to choose the content and parties with whom you share information.
Namada is now online on XT.com, becoming more convenient and accessible to global users. Although trading pairs are not yet open, you can now view the market data for NAM and follow its launch progress in our "Important Announcements" section.
Frequently Asked Questions (FAQ)
What is an "innovative Layer-1 blockchain"?
Innovative Layer-1 blockchains refer to foundational blockchain protocols that bring new architectures, functionalities, or ideas to their underlying design, such as Bitcoin, Ethereum, or Namada. They are referred to as "first-layer" blockchains and serve as the backbone networks of blockchain, where all transactions, smart contracts, and consensus mechanisms operate directly on their chains without relying on any Layer-2 solutions.
What is Cosmos IBC?
IBC, short for Inter-Blockchain Communication, is the core protocol of the Cosmos ecosystem. It allows multiple blockchains built on the Cosmos SDK to achieve decentralized, trustless interaction of assets and data. With IBC, assets on different chains can be securely transferred or exchanged without relying on centralized bridging tools. This technology builds an "internet-like connectivity system" for blockchains.
What is a zero-knowledge proof (zk-SNARK)?
Zero-knowledge proofs (ZKPs) are a cryptographic method that allows one party to prove a statement to another party without revealing any specific information. In blockchain, zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) are an efficient and lightweight form of zero-knowledge proof. It can verify the validity of a transaction without revealing the sender, receiver, or amount of the transaction, making it ideal for privacy-based blockchains like Namada. zk-SNARKs can help decentralized systems achieve data integrity, confidentiality, and scalability.
What is Cosmos SDK?
Cosmos SDK is a modular open-source framework for building custom blockchains on the Cosmos network. It allows developers to create application-specific blockchains with features such as governance, staking, token economic models, and cross-chain interoperability. The framework is developed in the Golang language and serves as the technical foundation for several well-known blockchains, including Osmosis, Terra, and Namada. Cosmos SDK natively supports IBC (Inter-Blockchain Communication protocol), enabling decentralized, efficient, and secure connections and interactions between different blockchains.
What is Delegated Proof of Stake (DPoS)?
Delegated Proof of Stake (DPoS) is a consensus mechanism that allows token holders to "delegate" their voting rights to a subset of validators, who package blocks and maintain network security on behalf of all users. This mechanism enhances the scalability and transaction speed of the system while retaining the community's ability to participate in governance, making it one of the consensus designs that balance performance and decentralization.