Ethereum users get another way to pay privately as zk.money returns after three years
The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.
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Summary
- Aztec Labs is relaunching zk.money, a self-custodial wallet that uses the Aztec Network to conceal payment amounts, balances and recipients while allowing transfers through readable names or links.
- Users can deposit DAI, USDC or USDT from Ethereum, though USDC and USDT are converted to DAI, and deposits remain publicly traceable even as subsequent activity is private.
- The early Alpha release caps each deposit, payment and withdrawal below $2,500, screens addresses under a sanctions policy and carries security risks because the software has not been fully audited.
