With Modulus, transparency happens strictly at the verification level.
The network verifies a proof showing that your transaction followed the rules but your actual data remains confidential.
This is the single biggest misconception plaguing the industry right now.
We have been conditioned to believe that cryptographic security demands absolute public exposure.
It does not.
2. zkFOL: The Bitcoin Soft Fork Promising Native Privacy & DeFi (A deep dive into bringing actual programmability and privacy to the base layer without bridges)
https://t.co/ZM1NJQCw5C
Verification =! exposure.
Right now DeFi forces you to broadcast your entire strategy, transaction history, net worth to the public network just to prove a trade is valid.
For serious players entering the space it's an operational liability.
Our industry built a financial surveillance apparatus and labeled it "DeFi". Making everything public was a flaw of early tech.
#ModulusZK is the way out. Back to the original cypherpunk vision.
@NTmoney@GrailCo I created a whitepaper for a solution like this, might be useful for your Product team. I'm busy building the greatest chain in the world @ModulusZK, so more than happy to give it to you to review to see if you want to run with any of the Product within it. Have sent DM
zkFOL @ModulusZK:
No mutable state → re-entrancy impossible
No recursion → no gas griefing/infinite-loops
No VM → EVM exploits impossible
No execution trace → TOCTOU and internal front-running collapse
Logic directly to polynomials → contract IS the proof
@jaibhavnani *Solidity is too much risk, too little reward.
There is a catalyst, I’ve sent you 5 DMs in the past 12 months to try bring your attention to it
https://t.co/CaxnEx02zU
For those coming into my comment section to say $CULT is dead or call it a scam, please stop. I rarely block people, but you’re pushing me to start.
If you truly believe $CULT is dead, then simply sell and move on. And if you’ve already sold, why are you still here ranting? It honestly makes no sense.
Take your FUD to your own page, not mine. When I raise a legitimate concern, it’s not an invitation for people to twist it into spreading negativity about the project.
Consider this your final warning.
@ModulusZK@wearecultdao