# Namada

By [Untitled](https://paragraph.com/@0xc1bd38bf6be25d843820b09747472b66fe638678) · 2022-12-20

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1\. What is Namada

is a proof-of-stake L1 for interchain asset-agnostic privacy. Namada interoperates with fast-finality chains via IBC and with Ethereum via a trustless two-way bridge.

2\. Zero-knowledge Proofs & MASP: Only the sender and recipient know anything about the transaction and all assets share one anonymity set.

3\. Modern Consensus & Proof-of-Stake: Tendermint BFT consensus & advanced proof-of-stake with cubic slashing and upgraded F1 fee distribution.

4\. Instant: Fast finality settles transactions in seconds.

5\. Near-zero fees: Via economic mechanisms that moderate shielded transaction fees.

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*Originally published on [Untitled](https://paragraph.com/@0xc1bd38bf6be25d843820b09747472b66fe638678/namada)*