PrivateVenmode - Fast, Safe, Onchain Social Payments, Gifting, and Donations on Layer 3 Rollup

Welcome to PrivateVenmode powered by Fully Homomorphic Encryption (FHE), a groundbreaking application designed from the ground up for Mode, the pioneering Layer 3 solution. This application showcases the innovative spirit of Mode, bringing the versatility of the Ethereum Virtual Machine (EVM) to the robust, decentralized world of Mode.

Overview

PrivateVenmode is deployed on a Layer 3 rollup that settles on Mode and uses Celestia as the Data Availability (DA) layer. This ensures efficient, secure, and scalable transactions.

Contract Addresses:

• Main Contract: 0x28d0F2353af7e357Eed9f960D1D2213Fa85a270e
• Tokens:
  • USDT: 0x7D149a51aF663870f512697c7Cdb781867Fbc465
  • PEPE: 0xE71D50B4Ecbfbe137aEf99247193d2c322bacEA2
  • USDC: 0xdC797ecB1526618848D17e9b6B9437ad980213ED
  • Inco: 0x30cf421A3e8Af92dE191778b9d0Ce04abfb426f1

This setup allows private onchain transactions, ensuring that only the sender and the receiver are aware of the transaction details.

Introduction

PrivateVenmode leverages the Mode blockchain to offer a unique suite of features aimed at transforming how we send gifts and make donations in the cryptocurrency space. Mode's security is powered by a decentralized network of Orchestrators and the Spiderchain's multisig technology, ensuring every transaction is secure and reliable.

What is FHE?

Fully Homomorphic Encryption (FHE) allows computations to be performed on encrypted data without decrypting it first. This means data can be manipulated and processed in its encrypted form, maintaining confidentiality throughout the entire computation process. FHE operates using advanced mathematical concepts from algebraic geometry, number theory, and lattice-based cryptography, enabling secure and private data operations.

Features

• Time-Locked Gifts: Schedule your gifts to be unlocked at a future date, adding excitement to birthdays, anniversaries, and special occasions.
• Gift Claim Codes: Send a gift anonymously or surprise someone with a claim code that unlocks a special token gift.
• Recurring Gifts: Set up continuous joy by scheduling recurring gifts, ensuring your loved ones or favorite charities receive regular support.
• Charity Donations: Support verified charities directly within the Mode ecosystem, leveraging blockchain technology's security and transparency.
• Decentralized and Secure: Built on the Layer 3 chain, PrivateVenmode ensures decentralization and security with multisig wallets and a network of Orchestrators overseeing every transaction.
• Encrypted Messaging: Send encrypted messages on the Layer 3 chain utilizing FHE technology powered by Inco, Hyperlane, and Kurtosis.

Bridging the Cyphertext

• Efficiency: Bridging the ciphertext directly across chains takes approximately 1/3 of an ETH block. But we Innovated and utilsie the off-chain oracle to accomplish very low cost privacy enable encrypted transactions for the L3 Rollup.
• Process: Convert ciphertext to hash and bridge that from L-3 chain to Inco and use the off-chain oracle to decrypt it and recrypt it.

Why Choose PrivateVenmode that settles on Mode?

Decentralized, Yet Personal

By combining the security of Mode's blockchain with the flexibility of EVM-compatible smart contracts, PrivateVenmode adds a personal touch to your digital transactions. Send gifts and donations with added meaning, secure in the knowledge that your contributions are safeguarded by the Mode network.

Innovative and User-friendly

PrivateVenmode is designed to be accessible to everyone, from crypto novices to seasoned blockchain enthusiasts. Our intuitive platform ensures that creating time-locked gifts, recurring donations, or charity contributions is as simple as a few clicks.

Part of a Bigger Vision

Utilizing PrivateVenmode contributes to Mode's larger mission—expanding its use cases and opening up a world of decentralized applications (DApps). Be part of an ecosystem that's setting the stage for a future where Mode's utility extends beyond a store of value.

Getting Started

To begin your journey with PrivateVenmode, bridge to the PrivateVenmode Layer 3 rollup and explore the myriad possibilities our application offers. Whether you're looking to make someone's day with a thoughtful gift or support a cause close to your heart, PrivateVenmode provides the tools you need to make a difference.

Join Our Community

We believe in the power of community and the transformative potential of blockchain technology to bring us closer together. Join the PrivateVenmode community and be part of a movement that's reshaping the landscape of digital gifting and donations, all on the secure and decentralized foundation of Mode.

Dive into a world where your Mode does more—where it connects, supports, and celebrates the moments that matter. Welcome to PrivateVenmode, where every transaction is a story waiting to be told.