CHAINLINK: Delivering Privacy’s End-Game
@SergeyNazarov called lack of privacy "the greatest barrier holding back large-scale institutional adoption of onchain finance."
@railway_status > everything is down
> Railway: “Partial Outage”
> Down for almost an hour
> Railway: “Investigation started 23 minutes ago”
Were you guys asleep for the first half hour??
Crypto market price action is undeniably in the absolute gutter right now, with nobody being spared from the pain
But I think what makes it particularly painful compared to prior cycles is that 1) there was no real prior alt season mania and 2) the fundamentals have never looked better
In previous cycles, there was always a clear trigger for why things turned over
2018/2019 bleed was just off the back of a massive 2017 ICO mania blow off top, there was a clear need to recalibrate
2020 covid flash crash, it genuinely felt like the global economy was on the brink of collapse and it was truly over for good
2022, we had back-to-back massive insolvencies from Terra to 3AC to Celsius and cumulating with the FTX collapse, was obvious we were cooked for years to come
This time around, seems somebody just tripped over a nuke on 10/10 and we've been dealing with the radiation ever since ??? truly inexplicable
All the while:
- We finally have pro-crypto leaders in the highest position of power in the U.S. Federal Government and regulatory agencies (Yes some parts are grifty, but still net positive by far)
- A reversal of all of the toxic anti-crypto rules, guidance, and lawsuits from U.S. regulators that stunted our industry's growth for years (a very underrated development, we would have died under Kamala/Gensler's continued reins)
- Clear common-sense U.S. legislation for stablecoins is now in place with crypto asset market-structure coming up next (aka protect ourselves before the next admin comes in who may not be so pro crypto)
- Crypto assets becoming increasingly accessible and normalized within TradFi via ETF and futures products that bring liquidity/volume to on-shore regulated venues (healthier market = good for everyone)
- Financial institutions and their executives actively evangelizing and adopting tokenization at a rapid pace (too many developments to count, TradFi more bullish than crypto natives at this point)
- Stablecoins, prediction markets, and perps are breaking outside of the crypto echo chamber as a clear product market fit of crypto (i.e., we are getting beyond zero-sum games now)
etc etc
Ultimately, I can't help but feel like the crypto market is a rubberband that's being stretched further and further, and will inevitably snap back
Not for all crypto assets and not right away, but for those have achieved clear product-market fit and have proven their value beyond a reasonable doubt, this market is becoming deeply irrational
The crypto markets have always operated in extremes, like a pendulum, the market overshoots in both directions, comes with the territory, if everything was assured, it would already all be priced in already
And while it sucks to take a few (or many) punches in the face along the way, my conviction in blockchains, smart contracts, and yes Chainlink, has not changed
Nobody likes to see portfolio number go down, it becomes unavoidably demoralizing, but I would not be here if I didn't truly believe in what I own long-term
And yes, I'm not blind to the comments I get, I know there are questions on Chainlink econ, I don’t have the perfect answers to every timeline/metric
But what I will say is that any claim or perception that the goal is to maximize the value of Chainlink Labs at the expense of or in isolation of LINK holders (like with Ripple & XRP) is plain wrong
Trust me, I wouldn't be such a loud and public advocate of Chainlink / LINK if I believed otherwise
I’ll be real this price action is messing with my head big time. Watching $LINK bleed like this isn’t easy and I know I’m not the only one feeling it.
But nothing about why I’m here has changed, the fundamentals didn’t break just the chart
Head up marines, our time will come ⚓️
🚨 ALERT: THIS CHANGES EVERYTHING 🚨
Chainlink Confidential Compute just quietly unlocked the ONE thing every institution has been waiting for…
👉 PRIVATE logic on PUBLIC blockchains.
READ THAT AGAIN.
For the first time ever, Ethereum can run fully private institutional workflows
— with ZERO data leakage —
while still proving on-chain that everything was executed correctly.
No other network can do this.
No L2.
No ZK startup.
No competing interoperability token.
Only @Chainlink .
$LINK
Ripple pays Mastercard for help with a niche credit card gimmick a handful of people will use.
Mastercard pays 2 billion to buy infrastructure built with Chainlink.
We are not the same.
Today we’re launching the Chainlink Automated Compliance Engine (ACE) partner ecosystem, featuring 20+ leading compliance providers, frameworks, & regulators powering the next generation of onchain compliance ↓
The Chainlink ACE partner ecosystem is a network of trusted vendors whose solutions are now natively compatible with ACE.
These partners recognize ACE as the standard for onchain compliance and are integrating their data & services directly into ACE to unlock complete compliance, monitoring, & reporting solutions.
At launch, the Chainlink ACE partner ecosystem includes:
IDENTITY PROVIDERS
• GLEIF—Brings trusted global identity standards to ACE users.
• World—Connects its decentralized World ID to ACE users, allowing World’s proof-of-human protocol to be composed anonymously with data from other ACE partners.
• SumSub—Enables reusable digital identity for users to leverage within ACE through SumSub’s KYC/KYB.
• Persona—Allows ACE users to leverage reusable digital identity via Persona’s KYC/KYB verification.
• Proof—Provides cryptographically secure, verified digital identities for ACE users—both individuals & organizations—to sign and protect their transactions.
• Veridian by the Cardano Foundation—Enables ACE users to issue GLEIF’s vLEI-based credentials offchain, which are then delivered onchain in the form of CCIDs.
RISK SCORING PLATFORMS
• Chainalysis—Streams wallet and transaction risk scores directly into ACE policies for institutional-grade AML controls.
• TRM Labs—Provides real-time risk intelligence to ACE, enabling issuers and protocols to block sanctioned or high-risk activity.
• Hypernative—Provides real-time risk intelligence to ACE, enabling issuers and protocols to block high-risk activity.
• CipherOwl—Delivers risk scores into ACE to power agile, customizable compliance rules.
• Llamarisk—Audits ACE-enabled tokens to provide independent risk scores and assessments.
MONITORING & REPORTING
• Bluprynt—Designs, runs, and manages compliance policies directly on ACE for institutions, while also fulfilling regulatory reporting obligations via automated disclosures and regular or on-demand compliance reports.
• Hacken—Builds real-time security monitoring and alerting on top of ACE to detect threats and abnormal behavior.
• Kaiko—Delivers market data and analytics leveraging ACE transaction data logs.
• Hummingbird—Offers a case management and automated SAR reporting solution on top of ACE.
TOKENIZATION PLATFORMS
• Apex Group—Enforces end-to-end compliance across its tokenization infrastructure.
• Chintai—Uses ACE to define investor and transaction eligibility requirements for Chintai assets in public blockchain environments.
BLOCKCHAINS & LAYER-2 NETWORKS
• Ethereum for Institutions—Co-designs and drives institutional adoption of ACE.
• Linea—Establishes ACE as the standard for compliance in the Linea ecosystem.
• Taiko—Leverages ACE for tokenization use cases within the Taiko ecosystem.
INDUSTRY FRAMEWORKS
• ERC-3643—Unlocks compatibility with the ERC-3643 token standard with ACE’s offchain policy.
• ERC-7943—Co-authored by Build member Brickken, the ERC-7943 token standard uses ACE to power compliance and interoperability.
• Digital Securities Initiative (DSI)—Recognizes ACE as a trusted compliance standard, and is collaborating with Chainlink Labs to make ACE compatible with DSI's regulatory frameworks.
The Chainlink ACE partner ecosystem establishes ACE as the industry standard for onchain compliance, uniting identity, risk, and regulatory infrastructure into the most complete, modular, and enterprise-grade compliance network for digital assets.
Integrate your data & services directly into ACE:
https://t.co/V66Bz0OHKE
We’ve been building nonstop to make SmartCon the most powerful event in the industry. The entire Chainlink ecosystem is converging. Get ready for an incredible week.