[PRESS RELEASE – NEW YORK, United States, November 15th, 2023]

Nocturne, a protocol enabling on-chain private accounts, today announced the successful deployment of Nocturne v1 to Ethereum mainnet. This marks a significant milestone in the journey towards a more private and accessible Ethereum. For the first time, users will have a compatible and easy-to-use product resembling a private onchain account.

Nocturne v1 is a step towards compatible onchain privacy that functions simply as another account rather than a distinct tool or ecosystem. Users will find transacting with Nocturne similar to using a smart contract wallet, with the added benefit of privacy. Nocturne v1 is currently out-of-the-box compatible with any DeFi protocol that represents state via output tokens (e.g. Uniswap swap tokens, Aave aTokens, Compound cTokens, etc). There are plans to later extend this compatibility to arbitrary protocols.

“With Nocturne v1’s launch, we’re moving away from the notion of a ‘privacy tool.’ Privacy should be embedded at the account layer and the v1 launch is the first step in making this possible,” said Luke Tchang, CEO and co-founder of Nocturne. “Our goal is to ensure that everyone, from individual users to large institutions, can transact securely without exposing their financial history to the world. This is more than a product; it’s a commitment to making Etherereum more accessible and enabling secure and private money over the internet.”

Nocturne is built on the belief that privacy on public blockchains will only become mainstream if it’s seamlessly integrated with the existing user experience. Nocturne’s objective is straightforward: to create private user accounts on L1/L2 that are fully compatible with existing Ethereum accounts. To read more about private accounts, please see Nocturne’s recent blog post.

Privacy: The Keystone for Ethereum’s Growth

Though DeFi and other onchain activities have surged in popularity, privacy concerns have prevented broader acceptance and use of crypto as money. Recognizing that the typical user m