{"id":"mystikonetwork","version":1,"language":"en","title":"Mystiko.Network","hidden":false,"content":"**Mystiko** is the base layer of [web3](https://iq.wiki/wiki/web3) that provides connectivity and confidentiality to [blockchain](https://iq.wiki/wiki/blockchain) data, transactions, and applications. It operates as the universal ZK SDK, enhancing the scalability, interoperability, and security of all [L1](https://iq.wiki/wiki/layer-1) and [L2](https://iq.wiki/wiki/layer-2) blockchains. [\\[1\\]](#cite-id-4ljwo5pey3m)[\\[2\\]](#cite-id-218jdxi8cen)[\\[3\\]](#cite-id-kmvok4sqbt8)  \n  \n# Overview  \n  \nMystiko’s SDK enables developers to build blockchain or [decentralized apps](https://iq.wiki/wiki/decentralized-application) that reduce costs, scale, securely interact across chains, and protect users’ on-chain identity. Mystiko makes every blockchain a ZK blockchain. [\\[1\\]](#cite-id-4ljwo5pey3m)[\\[3\\]](#cite-id-kmvok4sqbt8)  \n  \nProblems solved by Mystiko.Network includes financial issues that restrict web3 from broader adoption, cross-chain bridges not supporting secure or ZK transactions, single-chain transaction solutions with ineffective user experience, and secure transactions traditionally involving high [gas fees](https://iq.wiki/wiki/gas). [\\[3\\]](#cite-id-kmvok4sqbt8)  \n  \n## Features  \n  \n### Cross-chain connectivity  \n  \nThe Mystiko.Network zk-SNARKs protocol (Mystiko Protocol) is designed for compatibility with a wide range of major [Layer 1](https://iq.wiki/wiki/layer-1) [blockchains](https://iq.wiki/wiki/blockchain), such as [Ethereum](https://iq.wiki/wiki/ethereum), BSC, [Solana](https://iq.wiki/wiki/solana), [Polkadot](https://iq.wiki/wiki/polkadot), [Avalanche](https://iq.wiki/wiki/avalanche), [Terra](https://iq.wiki/wiki/terra), and [Polygon](https://iq.wiki/wiki/polygon), as well as Layer 2 solutions like [zkSync](https://iq.wiki/wiki/zksync), [Arbitrum](https://iq.wiki/wiki/arbitrum), and [Optimism](https://iq.wiki/wiki/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\\]](#cite-id-kmvok4sqbt8)  \n  \n### Lower transaction fees  \n  \nWith the implementation of zero-knowledge-based scaling technology, transaction fees on Mystiko.Network is lower than those of other coin mixers. [\\[3\\]](#cite-id-kmvok4sqbt8)  \n  \n### Complete user control  \n  \nMystiko Protocol is a non-custodial protocol, in which users keep custody of their [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency) while operating on Mystiko.Network. Users are the only ones with control over their cryptocurrencies throughout the whole process. [\\[3\\]](#cite-id-kmvok4sqbt8)  \n  \n### Aggregating major bridges  \n  \nMystiko 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\\]](#cite-id-kmvok4sqbt8)  \n  \n## Investors  \n  \nPrivate Round: $30M was led by Sequoia Capital, followed by Samsung Next, [HashKey](https://iq.wiki/wiki/hashkey-group), Mirana, Signum, [Coinlist](https://iq.wiki/wiki/coinlist), Naval Ravikant, [Sandeep Nailwal](https://iq.wiki/wiki/sandeep-nailwal), Gokul Rajaram, Tribe Capital, Morningstar Ventures, and other investors. [\\[1\\]](#cite-id-4ljwo5pey3m)  \n  \nPublic Round: $11.25M on Coinlist. [\\[1\\]](#cite-id-4ljwo5pey3m)[\\[4\\]](#cite-id-n4vhlurpa6d)","summary":"Mystiko.Network is a web3 base layer enhancing blockchain scalability, interoperability, and confidentiality with a universal ZK SDK for private, cost-effective...","categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"promoted":0,"tags":[{"id":"Blockchains"}],"metadata":[{"id":"references","value":"[{\"id\":\"4ljwo5pey3m\",\"url\":\"https://mystiko.network/\",\"description\":\"official website\",\"timestamp\":1730374267694},{\"id\":\"218jdxi8cen\",\"url\":\"https://x.com/MystikoNetwork\",\"description\":\"X profile\",\"timestamp\":1730374277000},{\"id\":\"kmvok4sqbt8\",\"url\":\"https://medium.com/@Mystiko.Network/introduction-to-mystiko-network-2126aad5e8e3\",\"description\":\"Introduction to Mystiko.Network: The Base Layer of Web3\",\"timestamp\":1730374783992},{\"id\":\"n4vhlurpa6d\",\"url\":\"https://mystiko.network/whitepaper.pdf\",\"description\":\"whitepaper\",\"timestamp\":1730378032662}]"},{"id":"website","value":"https://mystiko.network/"},{"id":"twitter_profile","value":"https://x.com/MystikoNetwork"},{"id":"discord_profile","value":"https://discord.com/invite/ThkaKhFZNS"},{"id":"telegram_profile","value":"https://t.me/Mystiko_Network"},{"id":"github_profile","value":"https://github.com/mystikonetwork"},{"id":"medium_profile","value":"https://medium.com/@Mystiko.Network"},{"id":"previous_cid","value":"QmSJTJDahaEYbugAtmCTrFKMEhViSQSuefKqHinHUsFLx1"}],"user":{"id":"0x25F97e37270E309726060EC26eb5E4A1c57FA6cc"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb","profile":{"username":"zainab","avatar":"QmZzhTxNPnCKWpsPJtS1YeZUiZ5vFSNHCeStpigLs2pRNt"}},"media":[],"views":38,"events":[],"linkedWikis":{"founders":[],"blockchains":[]},"founderWikis":[],"blockchainWikis":[],"ipfs":"QmSJTJDahaEYbugAtmCTrFKMEhViSQSuefKqHinHUsFLx1","transactionHash":"0x3fdc094241cc216e3f27ddbe0348069b8e98914ad9bf23b004949369e1f22857","created":"2024-10-31T12:35:44.022Z","updated":"2024-11-01T17:29:36.293Z","images":[{"id":"QmZUmkg68hVsE5hAp4Yf3s43DS7YgfFf57ojqK5dBGRYNU","type":"image/jpeg, image/png"}]}