Aztec Network launches Alpha mainnet, the first Ethereum L2 supporting privacy smart contracts

ZkProver · 2026-04-02T05:25:21+00:00

Aztec Network officially launches Alpha Network, becoming the first complete privacy smart contract execution environment on Ethereum Layer 2, integrating privacy data, identity, and computation. Although live, the team warns of known security vulnerabilities and advises users to exercise caution when depositing.

ZkProver

2026-04-02 05:25:21

Abstract generation in progress

ChainCatcher message: Aztec Network, a privacy chain backed by a16z, has officially launched Alpha Network, becoming the first Ethereum Layer 2 to feature a complete privacy-enabled smart contract execution environment. Previously, it passed the community governance vote unanimously.

Aztec integrates privacy across three layers: privacy data supports confidential transactions and RWA transfers; privacy identity enables selective disclosure to meet compliance requirements; privacy computation hides on-chain activity, opening up space for privacy DeFi and game applications. Smart contracts are written in a Rust-style language, Noir. Privacy logic runs on the user side and generates zero-knowledge proofs, with settlement completed on Ethereum about every 12 seconds.

However, this launch comes with major warnings. Aztec disclosed known serious security vulnerabilities, and the audit work is still ongoing. The team advises users to deposit only funds they can afford to lose.

AZTEC-7.49%

ETH-3.92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.