Monero Sidechain with Embedded Smart Contracts

Project information

As a leading privacy-focused cryptocurrency, Monero's core strength lies in providing anonymity and untraceability. However, the absence of smart contract functionality on its mainchain limits applications in decentralized finance (DeFi) and decentralized autonomous organizations (DAOs). Many developers and users are compelled to migrate to other blockchain platforms that support smart contracts but compromise privacy features. This project addresses this critical gap in the Monero ecosystem. By constructing a sidechain with embedded smart contracts, we aim to extend Monero's capabilities while preserving its privacy advantages, thereby attracting more developers and users to the ecosystem.