Mystiko is the base layer of web3 that provides connectivity and confidentiality to blockchain data, transactions, and applications. It operates as the universal ZK SDK, enhancing the scalability, interoperability, and security of all L1 and L2 blockchains. ^[1][2][3]

Overview

Mystiko’s SDK enables developers to build blockchain or decentralized apps that reduce costs, scale, securely interact across chains, and protect users’ on-chain identity. Mystiko makes every blockchain a ZK blockchain. ^[1][3]

Problems solved by Mystiko.Network includes financial issues that restrict web3 from broader adoption, cross-chain bridges not supporting private transactions, single-chain private transaction solutions with ineffective user experience, and private transactions traditionally involving high gas fees. ^[3]

Features

Cross-chain connectivity

The Mystiko.Network zk-SNARKs protocol (Mystiko Protocol) is designed for compatibility with a wide range of major Layer 1 blockchains, such as Ethereum, BSC, Solana, Polkadot, Avalanche, Terra, and Polygon, as well as Layer 2 solutions like zkSync, Arbitrum, and Optimism. This interoperability enables Mystiko Protocol to integrate across various blockchain networks and applications, positioning Mystiko.Network as a connectivity layer within the Web3 ecosystem. ^[3]

Lower transaction fees

With the implementation of zero-knowledge-based scaling technology, transaction fees on Mystiko.Network is lower than those of other coin mixers. ^[3]

Complete user control

Mystiko Protocol is a non-custodial protocol, in which users keep custody of their cryptocurrencies while operating on Mystiko.Network. Users are the only ones with control over their cryptocurrencies throughout the whole process. ^[3]

Aggregating major bridges

Mystiko Protocol is being implemented in popular cross-chain bridges in web3. Users could choose their preferred bridge services with one slick from Mystiko Wallet. ^[3]

Investors

Private Round: $30M was led by Sequoia Capital, followed by Samsung Next, HashKey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, and other investors. ^[1]

Public Round: $11.25M on Coinlist. ^[1][4]

Advisors

• Founding Advisor: Gokul Rajaram, Board of Directors at Coinbase
• Chief Scientist: Dr. Rafail Ostrovsky, co-inventor of zkSnarks, an early inventor of ZK technology, U.S. IEEE fellow ^[1][2]