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Aztec launches privacy-focused L2 Ignition Chain on mainnet following token sale

Aztec launches privacy-focused L2 Ignition Chain on mainnet following token sale

The BlockThe Block2025/11/18 16:00
By:By Timmy Shen

Quick Take Aztec says Ignition Chain is the first fully decentralized L2 on Ethereum. Last week, Aztec announced the sale of its AZTEC token, which serves as the native asset of Ignition Chain.

Aztec launches privacy-focused L2 Ignition Chain on mainnet following token sale image 0

Aztec Network, a privacy-focused Layer 2 on Ethereum, has officially launched its Ignition Chain on Ethereum mainnet on Wednesday.

"Aztec just shipped the Ignition Chain, the first fully decentralized L2 on Ethereum," the team announced Wednesday in a post on X. "This launches the decentralized consensus layer that powers the Aztec Network."

The mainnet launch of Ignition Chain, which enables programmable privacy, came after the network's public testnet rollout in May. Ignition Chain saw its validator queue reach 500 on Wednesday, which triggered block production on the Ethereum mainnet, the team said.

Ignition Chain powers Aztec's vision of a "private world computer," where developers build DeFi apps with end-to-end confidentiality. It aims to address Ethereum's transparency limitations by using zero-knowledge proofs while maintaining verifiability. In 2022, the Aztec team raised $100 million in its Series B funding round led by a16z.

"2025-2035 will be Privacy's turn of the wheel," said Zac Williamson, co-founder of Aztec Network, in a post on X.

"We are going to see the rise of products and services that perform the same information processing role, but using distributed ledgers as their settlements layer and privacy tech as the execution engine," said Williamson. "Data will be sucked out of the Web2 fortresses and given back to the user."

AZTEC token


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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