The Holonym Foundation has partnered with Renzo Protocol, an Ethereum liquid restaking protocol, to strengthen the security of the Mishti network and the company's digital identity solution, Human Keys.
Ethereum Liquid Restaking Protocol Joins Holonym Foundation
Holonym Foundation, which focuses on digital identity solutions, has announced a collaboration with Renzo Protocol. Liquid Restaking Protocol plans to restake $800 million worth of ezETH to strengthen the security of Holonym’s Mishti network.
The protocol supports the secure creation of HumanKey (Holonym's digital identity solution) by Mitsushti Network using Ethereum and Eigenlayer infrastructure and node operators. The partnership will allow users to generate keys using biometrics or social media accounts, while ensuring flexibility and security.
Nanak Nihal Khalsa, one of the co-founders of Holonym Foundation, emphasized that the partnership aims to make the company's products more accessible to users. More than ever. ”
Launched earlier this year, Holonym's Mishti Network is a decentralized chain of Human Keys that is set up to allow users to “create secure, high-entropy, zero-knowledge private keys based on human attributes.” , creation, and restoration processes are possible. , you can easily use your crypto wallet with any blockchain.
Shady El Damati, co-founder of Holonym Foundation, emphasized that users do not need a centralized organization to operate and protect their keys using Mishti Network. “Standard human-centric authentication styles like passwords, security questions, accounts, and FaceID can all be decentralized without relying on third parties like Apple or Google,” he said.
Holonym's Digital Identity Solution
The Holonym Foundation has developed an infrastructure that allows users around the world to create human keys using its Mishti Network. Its aim is to “streamline the cryptocurrency wallet experience” and make it accessible to beginners and experienced blockchain users.
El-Damaty also said that HumanKey is how the company will extend the benefits of cryptocurrencies to consumers around the world by leveraging zero-knowledge (ZK) technology and the economic security of Ethereum.
Human Key is a way to extend the benefits of cryptocurrencies such as security, privacy, and data ownership to consumers around the world. We achieve this by catering to the humans behind the technology, creating products that can be used across devices, don't require an app, and are built on privacy protected by zero-knowledge technology and financial security. We make it easy for anyone to create a universal account. Ethereum.
The company's digital identity solutions aim to provide a decentralized solution that allows users to create, recover, and manage secure cryptographic keys without relying on a centralized party or exposing their data. The purpose is
To achieve this, keys assume zero trust security within a decentralized network, which is required for key generation and protects users' personal information from being compromised. El Damati explained:
The derivation of OPRF unlocks private homomorphic computation over encrypted biometric data, allowing untrusted third parties to authenticate users without seeing the underlying data. This creates new use cases that were not possible before.
After all, security and protecting user privacy continue to be debated within the industry, with figures like Ethereum founder Vitalik Buterin vouching for “public DeFi but private wallets.”
Ehtereum (ETH) is trading at $2,430 in the five-day chart. Source: ETHUSDT on TradingView
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