Aztec responds to the closure of Aztec Connect: primarily for business reasons, unrelated to regulation

ChainCatcher news, the relevant person in charge of Aztec Network, a privacy and scalability solution based on ZK-Rollup, responded in the community: The decision to shut down Aztec Connect is mainly due to business considerations, and no regulatory agency has contacted us. The privacy of Aztec Connect has led to some design issues, increasing maintenance costs. The company is focusing on our next-generation version of the protocol, which will support fully programmable smart contracts with privacy by default. Given the scale of the new project, we need to concentrate all engineering resources to complete it… We are still focused on L2 Rollup and have never established L1; the strategy has never changed, just entering the next phase.

In addition, in the Discord community, team members also stated that they will provide all exit transactions for zk.money users for free (0 Gas) next week.

Previous report, Aztec announced the gradual shutdown of the privacy bridge project Aztec Connect and will focus on developing new products based on the Noir language.