zk.money Relaunches as Private Payments Wallet on Aztec Network
Ethereum Name Service's flagship application, zk.money, has relaunched as a self-custodial private payments wallet on the decentralized Aztec Network. This move brings ENS names a concrete function within a private payments flow, with every registered name used for receiving funds.
The wallet allows users to send and receive funds privately using ENS-powered tags such as name.zk.money, which are secured by passkey security and payment links built in. The relaunch may translate into renewed activity on the wallet, driving demand for ENS name registrations and usage-driven demand for the Ethereum Name Service.
Aztec's AZT token price may be impacted by this potential increase in adoption, but actual usage levels after launch will be the key metric to watch. The effect of this relaunch depends on real-world adoption rather than just its release.