WORM — Plausibly deniable privacy on Ethereum

EIP - 7503
|Plausible deniability transactions|Hidden in the Ashes of ETH|Massive anonymity set|No smart contract risk|Plausible deniability transactions|Hidden in the Ashes of ETH|Massive anonymity set|No smart contract risk|Plausible deniability transactions|Hidden in the Ashes of ETH|Massive anonymity set|No smart contract risk|Plausible deniability transactions|Hidden in the Ashes of ETH|Massive anonymity set|No smart contract risk

Wormhole Newest feature

Automate and easy privacy-first swap, Send and receive anonymously. Powered by WORM

WORM Mechanism

Transform irreversible ETH burns into an economically meaningful asset.

ETH dies, WORM lives

Private

Proof of Burn

mining
Powered by

zkSNARKs

How It Works

“Zero-knowledge proofs ensure unlinkability”, “Hard emission caps”

1

Burn ETH

2

Mint BETH

3

Mine WORM

Consume your BETH across WORM epochs, and earn WORM!

Get WORM

3

Mine WORM

WORM VS BETH

worm

Scarce asset minted from BETH

  • World's first PPoB cryptocurrency
  • Private bridge to privacy protocols
  • Collect BETH minting fees

ETH burn receipt

  • Anonymized burn receipts
  • WORM minting
  • ZK-payments
beth

Total WORM Emission on epoch iTotal BETH put by all users on epoch iBETH consumed by User for epoch iUser's share of WORM on epoch iWi=EixUi/Ti

Network Stats

WORM is live on Ethereum mainnet!

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...BETH

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Current epoch reward:... WORM

... ETH ~ 1 WORM

Total WORM minted

... WORM

Total ETH burned

... ETH

Total WORM supply

21,000,000 WORM

Halving time

4 Years

Tokenomics

Mine-able

Premine

Roadmap

Core privacy infrastructure and burn receipt system

Scarce asset minting with competitive distribution.

Very first testnet of WORM, with a working instance of BETH/WORM.

The second testnet involves refactored circuit and partial spends.

Auditing of ZK circuits.

The third testnet involves BETH/ETH market and staking.

Trusted Setup of our Groth16 circuits.

Minting 7503 cypherpunk WORMs to grow the ecosystem.

Forth incentivized testnet / last testnet before mainnet launch.

ICO on CypherEthereum.

Launching BETH/WORM tokens on mainnet.

Team

Keyvan Kambakhsh
Ali Ghahremani
Ali Zeynali

Keyvan Kambakhsh

Founder
Protocol Architect

Ali Ghahremani

Developer

Ali Zeynali

Product Designer
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