Telos Launches Trusted Setup Ceremony for Privacy Layer
Telos has officially commenced the Trusted Setup Ceremony for its new Privacy Layer, marking an important step in enhancing privacy features within its blockchain infrastructure. This ceremony is a crucial cryptographic procedure necessary for enabling private multi-asset accounts and shielded transactions on the Telos network. The design of this ceremony ensures that no individual, organization, or developer—including Telos itself—can undermine the privacy assurances the system provides. Upon completion, the generated parameters will support zero-knowledge (ZK) circuits, facilitating private transfers, delegated deposits, and confidential interactions throughout the Telos ecosystem.
Building on Industry-Leading Security
Telos is leveraging the robust security framework established by the renowned Ethereum Perpetual Powers of Tau ceremony, which is recognized for its thorough scrutiny and community involvement, having included 86 independent contributors. This esteemed setup has already been adopted by reputable ZK privacy ecosystems, such as Railgun. According to the principles of multi-party computation (MPC), the security of the final output relies on the honesty of just one contributor, positioning the Telos Privacy Layer with a remarkably solid foundation. Additionally, the Telos ceremony enhances this security by incorporating further contributions from trusted community members, engineers, researchers, and privacy advocates.
Understanding the Ceremony Process
The Trusted Setup Ceremony is conducted through a meticulous and sequential methodology. Initially, a participant performs a computation and integrates their own entropy. This output then serves as input for the subsequent participant. Each new contribution amplifies the overall security of the concluding parameters, ensuring that no single entity can reconstruct or exploit them, both now and in the future.
Phased Structure of the Ceremony
The Telos Privacy Layer ceremony unfolds in two distinct phases:
Phase 1: Powers of Tau
In this phase, Telos enhances the security of the previous Ethereum ceremony by inviting additional contributors from the Telos ecosystem.
Phase 2: Circuit Parameter Generation
During this phase, participants contribute entropy to the ZK circuits that will facilitate private accounts, shielded transactions, and delegated deposits on the Telos Privacy Layer. Completion of both phases is essential prior to generating the final verification keys and activating the privacy framework on the mainnet.
Participation Guidelines and Requirements
Key contributors from the Telos Foundation and Protofire are already involved in the process. Telos is also welcoming contributions from reliable and technically skilled participants, including active block producers, long-standing community members, researchers, and privacy advocates. To participate, contributors need access to:
– A Linux machine equipped with a minimum of 8 CPU cores
– At least 8 GB of RAM
– 150 GB of available storage for data related to the ceremony
– A clean, isolated working environment free from unnecessary background processes
– The ability to adhere to basic operational security practices
Individuals interested in contributing—specifically researchers, engineers, privacy advocates, or security-focused community members—are encouraged to reach out via Telegram or through email at contact@telos.net.
Future Prospects for Telos
Following the conclusion of the Trusted Setup Ceremony, Telos intends to implement several features, including:
– Private multi-asset accounts with quantum-hardened security
– Shielded value transfers
– High-performance, Layer 1-integrated private computations
– An exceptional privacy wallet experience
These advancements aim to position Telos as a leading and forward-thinking network in the industry, focused on mass adoption, accessibility for developers, and enduring security. The ceremony is currently in progress, and Telos expresses gratitude to all contributors assisting in fortifying the future of private cryptocurrency within its network.
About Telos
Telos is an EVM-compatible Layer 1 blockchain designed with an emphasis on privacy, performance, scalability, and practical usability. With rapid finality, resistance to miner extractable value (MEV), and a deflationary token model, Telos supports a variety of applications across DeFi, gaming, and enterprise sectors.
