Privacy-focused protocol Nocturne has launched its v1 on the Ethereum mainnet, bringing on-chain private accounts to the platform. Unlike existing privacy tools, which usually operate as separate entities, Nocturne integrates privacy directly into the account layer, functioning like a smart contract wallet. The protocol is compatible with DeFi platforms that represent state through output tokens, such as Uniswap swap tokens and Aave and Compound tokens. Nocturne intends to expand compatibility to a wider range of decentralized applications in the future, creating private user accounts on Layer 1 and Layer 2 that are fully compatible with existing Ethereum accounts. The team's long-term vision is to seamlessly integrate blockchain privacy into the existing user experience so that every Ethereum user automatically has a private account alongside their public account. Nocturne v1 is currently accessible through a dedicated private UI, offering features such as deposits, transfers to burner addresses, and private swaps and staking. The protocol plans to transition to a more permissionless model in the future. Read more AI-generated news on: https://app.chaingpt.org/news