@haenko21 NEAR: hide the transaction while it's happening, confidentiality at the execution layer, via a private shard + TEE bridge.
Sui: hide the amounts cryptographically, permanently, confidentiality at the data layer,using ZK proofs. Privacy guarantee is mathematical,not environmental.
You probably haven’t spotted the hidden gem 💎 behind the future of payments privacy.
Many people just saw Sui Confidential Transfers and thought ‘ok, cool feature’. Wrong.
Look closely at what was open-sourced and you’ll notice a much bigger pattern: Confidential Payment Tunnels.
Remember Bitcoin’s Lightning ⚡️?
Now imagine locking undisclosed amounts and making payments completely off-chain, with privacy even against receiver, built in from the start. It’s a new paradigm.
This could unlock millions of payments per second, gasfree pay your grocery store even when offline, power entirely new startup ideas, and become the default pay-rails for both humans and AI agents who will ❤️ this option!
https://t.co/AnVozpCqOM
@matteodotsui@zayn4pf not alive but not completely dead either (zombies ?), some are still loading like MegaEth, you’d really need a very good vertical that hasn’t yet been tried to take off (none of gaming, trading, art, privacy, gpu, iot etc)
Step 1: Confidential amounts
Step 2 : Confidential txn parties
Step 3. Confidential defi
Steps 1 to 3 possible today, we are just taking a measured approach to a compliance friendly launch by methodically phasing.
All ZK wizardry without the risk of unauthorized mints. #Sui
privacy that actually works, compliance that doesn’t kill UX, serious institutions can touch without calling 12 lawyers first.
Confidential Transfers on Sui Devnet