orkun 🛡️🍊

co-founder @citrea_xyz | private btc for all

[orkun 🛡️🍊 @0x_orkun]

https://t.co/sOo9I3fhB5

[orkun 🛡️🍊 @0x_orkun]

locked in

[Citrea | Private BTC for all @citrea_xyz]

As a Bitcoin layer, we see privacy as the most critical value proposition we can deliver.

[Citrea | Private BTC for all @citrea_xyz]

Bringing privacy to Bitcoin is the natural continuation of a journey we started years ago.

🧵

[orkun 🛡️🍊 @0x_orkun]

KL is easily the best city I've visited and it's not even close.

Already planning trip #3

[orkun 🛡️🍊 @0x_orkun]

find the easter egg in the post 👀

congrats to the team on the v2 launch. truly innovative design in the privacy space, better UX with privacy-preserving compliance built in.

[Privacy Pools @0xprivacypools]

privacy pools v2 is live

a new privacy layer for ethereum is here

[orkun 🛡️🍊 @0x_orkun]

shielded pool ≠ private

server proves for you, scans your notes, syncs your state, relays your tx? it knows your IP, timing and balance. that's a leak

cypherpunks don't trust servers. neither do we

proving and state live on your phone. pulling even more local 🛡️

[Crest - Democratize Private Bitcoin @crest_btc]

Bitcoin privacy that works on mobile.

–> State and witness isolation
–> 100% on-device proving
–> Specialized circuits for deposits, private transfers and ragequit

Documentation coming soon.

[Citrea | Private BTC for all @citrea_xyz]

Private Bitcoin on Citrea

→ Encrypted balances
→ Shielded addresses
→ Private Bitcoin transfers

Join the waitlist 🙂‍↕️

[orkun 🛡️🍊 @0x_orkun]

🛡️🛡️🛡️

[Citrea | Private BTC for all @citrea_xyz]

Welcome to Citrea's privacy chapter.

Where Bitcoin becomes private and privacy becomes practical and usable at scale.

Join @crest_btc waitlist: https://t.co/dobHWUepIR

[orkun 🛡️🍊 @0x_orkun]

@tulipking A few things have happened since we launched the first ZK rollup on Bitcoin with base:0x11030f79109269d796fd0fb956d6244e502757f7 👀

https://t.co/sQD5K6m7KP

[Citrea | Private BTC for all @citrea_xyz]

Citrea acquires Crest to bring Zcash-style privacy to Bitcoin

@crest_btc, a self-custodial private Bitcoin wallet, becomes Citrea’s flagship product.

Uniting our teams to make privacy the standard for holding and moving a $1.6T store of value. 🧵

1/6

[orkun 🛡️🍊 @0x_orkun]

New profile picture

Hat’s back on

PRIVACY PLEASE

[orkun 🛡️🍊 @0x_orkun]

@zerokn0wledge_ Missing base:0x11030f79109269d796fd0fb956d6244e502757f7

https://t.co/sQD5K6m7KP

[Citrea | Private BTC for all @citrea_xyz]

Citrea acquires Crest to bring Zcash-style privacy to Bitcoin

@crest_btc, a self-custodial private Bitcoin wallet, becomes Citrea’s flagship product.

Uniting our teams to make privacy the standard for holding and moving a $1.6T store of value. 🧵

1/6

[orkun 🛡️🍊 @0x_orkun]

If you think your coins on XYZ blockchain will be safe and worth anything after something breaks the cryptography of Ethereum and Bitcoin

I have bad news for you

[orkun 🛡️🍊 @0x_orkun]

@EthanDeFi_ @arc Currently yielding ~50% with CTR incentives, targeting double-digit APY long-term. Check it out!

https://t.co/UAogFp792m

[Citrea | Private BTC for all @citrea_xyz]

Featuring ~56% APY for early capital 🍊🍋

Two main yield streams at launch:

→ @noon_capital: @ClearstarLabs allocates deposits to Noon for sUSN looping strategies for baseline yield
→ CTR Incentives: CTR rewards are distributed to the vault participants via Merkl.

[orkun 🛡️🍊 @0x_orkun]

In all my chats in Seoul and Singapore, Bitcoin privacy is the one topic I kept asking people about. No one doubts it could easily be the next narrative, and I agree. The follow-up was more interesting tho. Who could actually pull it off.

Bitcoin privacy is a multi-layered problem. It needs a way to move BTC with real verification and no soft fork, a place to run complex verification and contracts, and a compliance answer that doesn’t involve a backdoor.

It’s definitely not an easy problem. Teams spend years on each of those alone.

When we started our company, our first real product was Proof of Innocence. We built it right after Tornado Cash, when the consensus was that compliant onchain privacy couldn’t exist. Railgun and Privacy Pools are built on it today. Basically, any privacy protocol that needs compliance but rejects backdoors ends up with a Proof of Innocence-like framework.

Then the same team went on to ship the first ZK rollup on Bitcoin and the first trust-minimized BTC bridge with BitVM2. It’s still the only one deployed.

So when people ask me who cracks Bitcoin privacy, I have a pretty clear answer.

It’s the team aligned on $CTR 🍊

[©️Jamisky @_Jamisky]

bitcoin solved the problem of who controls your money

but it never fully solved the problem of who can see it

every bitcoin transaction lives on a public ledger

once an address gets connected to you, your balance, transactions and counterparties can become much easier to follow

while self-custody gave us ownership. it's not all we need

we should be able to hold BTC, send it, receive it and use it without broadcasting our entire financial life to the internet

this is why i think privacy could become one of the most important parts of actually making bitcoin useful as money

and it is also why @citrea_xyz recent move makes a lot of sense

they are building @crest_btc, a self-custodial private bitcoin wallet

the idea is pretty simple:

> deposit bitcoin

> the wallet automatically shields it

then send BTC privately without publicly exposing the sender, receiver and amount in the same way a normal bitcoin transaction does

sounds gucci right?

citrea also plans to extend this beyond simple BTC transfers

the vision includes private swaps and using shielded BTC to privately pay EVM addresses in assets like USDC or ETH

i have watched citrea positioned itself as the application layer for bitcoin for years

with crest, it's now visible what that actually means for an average joe

[©️Jamisky @_Jamisky]

this is pretty interesting

even though the target apy for the new cBTC earn vault by @citrea_xyz is ⁓10%

it’s currently sitting at 56% apy

a pretty huge benefit for early depositors while the vault is still small

instead of letting your bitcoin sit idle

you can deposit cBTC and let the vault put it to work while you keep your exposure in btc

the vault is curated by @ClearstarLabs

they run a curated mix of risk-adjusted strategies, such as lending, lping, and carry trades, to generate yield

and any dollar-denominated yield generated gets converted back into bitcoin

so the loop is basically:

btc → productive capital → yield → more btc

the target may be 10% long term

but right now, being early is paying a lot more than that

wanna be early before the crowd?

join here: https://t.co/oA6VmTsZP5

[orkun 🛡️🍊 @0x_orkun]

New BTC Earn Vault just joined the game!

In collaboration with @ClearstarLabs, the vault runs risk-adjusted strategies to generate yield on BTC, with CTR incentives targeting 10% yield.

Current APR is 61%, so early depositors can earn much more while TVL ramps up 👀

[Citrea | Private BTC for all @citrea_xyz]

Introducing cBTC Earn Vault - Open for Deposits

cBTC has built a strong foundation, with $65M volume & 190 BTC processed by the Clementine Bridge.

Now, we're expanding cBTC’s utility with the Earn Vault, curated by @ClearstarLabs.

~10% APY including CTR incentives 🧵

[Citrea | Private BTC for all @citrea_xyz]

Thank you for showing up!

We covered it all:
- Privacy requirements for regulated-capital
- What privacy teams are currently building
- Practical and usable Bitcoin privacy

Citrea's next chapter is coming:
Private BTC for all

[orkun 🛡️🍊 @0x_orkun]

👀👀👀
https://t.co/sx3Jlu1HlG

[orkun 🛡️🍊 @0x_orkun]

Privacy/confidentiality protocols don’t naturally support multiple assets in a shared pool. When that’s the case, attempting to build a general-purpose privacy product doesn’t make much sense.

Besides being a natural fit for Citrea, we believe BTC can easily become the dominant asset in privacy, even more than stablecoins. While stablecoins may be more “useful” today, they’re mainly centralized.

@crest_btc is focusing specifically on this, while still allowing users to exit to any network and any token through confidential intents. This way, Crest can practically provide strong pseudonymity for these assets while keeping BTC as the SoV in your private balance.

[orkun 🛡️🍊 @0x_orkun]

@robin_linus @allocinitxyz @citrea_xyz @lxdev_ @Glass_Coins 100%

Stronger together 👌