PANews reported on November 20th that, according to The Block, Aztec Network officially launched its new Layer 2 solution, Ignition Chain, on the Ethereum mainnet, claiming it to be the first fully decentralized Ethereum L2 solution. Previously, the network had launched an AZTEC token sale, with tokens used for staking, governance, and block rewards. Ignition Chain aims to achieve an end-to-end DeFi privacy experience, combining zero-knowledge proofs to ensure privacy and verifiability. Currently, the validator queue has reached 500, and mainnet block production has begun. The AZTEC token public auction will begin on December 2nd.
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