Umbra
Basics
- Started in: 5-2020
- Mainnet release: 3-6-2021, came out of beta on 13-10-2021
- Based in:
- From EthHub #116 (1-6-2020):
"Umra is a privacy preserving stealth payments implementation built on Ethereum (and created at HackMoney 2020). You can learn how it works by watching this video."
- From The Defiant (27-5-2020):
"As a privacy preserving tool for stealth payments on Ethereum, Umbra allows any two parties to transact with one another without revealing their identity to the wider Ethereum network. Built with a simple password-based login system, users can generate ENS names to receive payments from a sender to a newly deployed stealth address.
The receiver then withdraws the payment from the stealth address, leveraging the Gas Station Network to use part of that withdrawal as the funds to cover the transaction fee. This means someone can get started and withdraw payment without having any ETH in their wallet, and withdraw across dozens of newly created stealth addresses all from one common end-point."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
- From Week in Ethereum (18-12-2021):
"Umbra frontend bug disclosure, no funds lost or at risk, check account is configured properly."
Governance
Admin Keys
DAO
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Coin Distribution
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Ethereum, Polygon (10-12-2021).
Other Details
How it works
Fees
Upgrades
"This new upgrade drastically simplifies the setup process and greatly improves Umbra's UX. With this release, Umbra is now considered out of beta."
Staking
Oracle Method
Privacy Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Pros and Cons
Pros
Cons
Competition
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
Partners
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