COINOTAG News reported on November 20 that the zero-knowledge privacy technology project Aztec has unveiled a decentralized L2 Ignition Chain atop Ethereum. Marketed as the decentralized consensus layer for the Aztec Network, the new chain targets scalable private transactions while preserving trustless security for on-chain operations.
In earlier disclosures, Aztec announced an AZTEC token sale with more than 300,000 addresses qualifying for the whitelist, signaling strong community engagement and potential liquidity implications as the ecosystem expands toward Layer 2.
Industry observers will monitor governance updates, security audits, and interoperability with existing DeFi apps on Ethereum, as the Ignition Chain seeks to offer scalable, privacy-preserving lanes for on-chain privacy operations. Readers are advised to follow official channels for validated milestones.