base is genuinely the right call for any project that wants institutional reach. coinbase's distribution is unmatched. the missing piece is privacy infra though once confidential computing is native to base, the use cases for AI agents on base get way more interesting. agents handling private data without exposing it is the unlock.
Prediction markets are great but theres a fundamental design flaw nobody talks about: your positions are public. if i can see that a whale just bet $2M on one outcome, i trade accordingly and the market stops reflecting genuine conviction. encrypted positions that only reveal at resolution would make prediction markets way more accurate and way harder to manipulate.
Huge milestone but here's the elephant in the room, if these securities are on a public blockchain, every balance and every transfer is visible to competitors, front-runners, and the general public. institutions will need a confidential layer on top before this scales to serious volume. the tech exists, its just not deployed where the institutional money is yet.
exactly right. local inference solves one problem (your data doesn't leave your device) but creates three others: model size limits, no access to frontier models, and zero collaboration across datasets.
The actual solution is compute that works on encrypted inputs, the model runs, you get the answer, nobody sees the prompt. thats the architecture that scales.
interesting consolidation in the FHE space. the open question is still speed though, FHE ops run orders of magnitude slower than MPC for most practical workloads. for anything real-time (defi, auctions, trading) you need sub-second compute on encrypted data. FHE isnt there yet. MPC is.
in-protocol arb capture is smart but its still reactive you're recapturing value after the leak happens. the real fix is making the orders invisible in the first place so there's nothing to extract. encrypted order matching > arb recapture. different philosophy but worth thinking about.
Glasel is live on testnet right now. go look.
๐https://t.co/L8dlmwe6R7
We're looking for the teams to build on this. if you're shipping defi, AI, or payments on base and need confidential compute dm @glasel
tag; @buildonbase@jessepollak@acidlazzer@baseposting
Every app you use has to read your data to do anything with it.
Your bank sees your transactions. your hospital sees your records. AI companies see your prompts.
We just built something that breaks this. its called Glasel and its live on @base testnet.
let me explain what it does ๐งต
Why base specifically?
@coinbase processes billions in institutional trades. those institutions want to go onchain but cant because everything is public.
Base is where the institutional money already lives. glasel is what makes it private.
Also base txs are 1000x cheaper than mainnet. glasel needs a lot of small coordination txs. only works economically on a cheap L2.
The internet was built on a simple assumption:
If you want a service, you hand over your data.
Clouds
AI
Databases
Blockchains
Glasel flips that assumption.
Your data stays private.
The computation still happens.