> For the complete documentation index, see [llms.txt](https://docs.xeratoken.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xeratoken.xyz/2.-protocol-overview/2.2-network-participants.md).

# 2.2 Network Participants

Xera operates as an open, permissionless system that supports several categories of participants. Users interact through wallets that generate proofs, manage incoming notes, and protect private keys. These wallets abstract complex logic such as key diversification, note scanning, and proof creation. Users can operate entirely within the shielded domain or selectively use transparent transactions for specific purposes.

Merchants and organizations utilize multi-signature wallets or automated settlement mechanisms to support business operations. They may require visibility into internal payment flows while maintaining external confidentiality. View keys and audit keys allow structured disclosure when necessary without compromising unrelated transaction data.

Node operators run the xerad client to participate in consensus, validate proofs, and maintain network state. They do not learn transaction contents; instead, they rely on zero-knowledge proofs to enforce correctness. Their participation ensures decentralization and robustness.

Developers expand the ecosystem using the xera.js SDK and other tooling. They build merchant plugins, wallet extensions, analytics utilities, and integration layers that broaden Xera’s usability. These contributions strengthen the protocol’s role as a privacy-preserving financial primitive.


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