Pheasant Network made significant progress in its latest weekly update (November 24-30):

• MegaETH Integration: Successfully integrated with @megaeth, expanding cross-chain capabilities

• Token Distribution Infrastructure: Designed database architecture for upcoming token distribution system

• Product Updates: Released enhanced relayer system and frontend improvements in v4.​23.​0

• Roadmap Clarity: Published updated roadmap and focus areas for community transparency

These developments build on previous work including the claiming page design and token distribution research from earlier updates.​

A new partnership with Somnia Network introduces integration of their high-performance EVM Layer-1 blockchain.​

Key capabilities:

• Processes over 1 million transactions per second
• Sub-second transaction finality
• Sub-cent transaction fees

The collaboration will focus on ecosystem integration and launching a DeFi campaign to demonstrate the potential of this next-generation blockchain infrastructure.​

Somnia's technology aims to make large-scale, real-time applications more viable across gaming, social platforms, and financial services.​

Hinkal launches confidential payments on Arbitrum, enabling users to transfer assets without revealing wallet identities or transaction amounts.​

Key features include:

• Zero on-chain visibility - both token names and values are encrypted
• Dynamic address generation - unique private addresses prevent tracking
• $270M in volume already processed through the platform

The system works by allowing users to move assets between private accounts with complete encryption.​ Observers see only encrypted data on the blockchain.​

How it works:

• Click Receive to generate a private address
• Share address with counterparty using Hinkal Wallet
• Send tokens by pasting private address and selecting amount

This represents a significant step toward bringing traditional payment privacy standards to blockchain transactions.​