According to Odaily, Hinkal, an institutional-grade self-custody protocol designed for cross-chain shared privacy, has introduced Shared Privacy. This solution extends the privacy protocol of Ethereum (ETH) to multiple chains, avoiding the need to launch separate anonymity sets on each chain.
The team behind Hinkal stated that this technology aims to horizontally scale on-chain privacy across networks and address fragmented privacy solutions. It introduces Liquid Privacy Tokens, enabling stakers to earn rewards through Hinkal's permissionless, self-custody Anonymity Staking system while contributing to privacy.