In order for DeFi to scale to mass adoption, Web3 needs Smart Privacy
That's why @illuminexswap built the first confidential DEX on Oasis Sapphire, enabling cross-chain confidential swaps between EVM & non-EVM chains
Here’s how @illuminexswap is changing the DeFi landscape: 🧵
The magnitude of native, private $BTC soon being added to @illuminexswap / $IX is yet to sink in for some🟢
Cross chain, private #Bitcoin transfers across EVM & non EVM networks will drastically change the utility of $BTC, $IX & @OasisProtocol / $ROSE 🌹
Watch this space..👀
And the first BTC deposit transaction occured already.
Are you ready for the native and self-custodial Private BTC <> EVM Swaps? 🥷
https://t.co/6KakjzOgL9
"Illuminex is more than just a crypto exchange; it’s a project aimed at decentralizing the financial market. Designed to make crypto transactions accessible to everyone. Keep it on your radar!
No financial advice just daily #crypto posts. #DecentralizedFinance#Illuminex"
"Diving into the details of Illuminex, it's clear this crypto is making waves. Emphasising decentralisation and empowering users, this might just be the next big thing in the crypto world. Keep an eye on it!
No financial advice just daily #Illuminex#crypto posts."
And the right answer is… native and non-custodial, confidential cross chain integration between native #BTC and other supported chains and assets!
Testnet coming pretty soon 😉
Just wondering who of you listened, set the alert and bought this real gem @illuminexswap $IX $pIX. Up xX25 already. Aiming for that X100 atleast but this could go way higher!
#X1000Gem#CryptoGem#crypto
Seen this so many times, people thinking $IX is simply a mixer like Tornado, which its not.
Tornado was not compliant and didn't log tx's anywhere.
IX / Oasis logs tx's privately, but it isn't a public record. Similar to traditional banking, you can see your own tx's, and have a log of them, so does the bank, but it's not accessible for public use.
That's one just one of the many reasons to why I am a massive believer $ROSE will do well, due to the compliant privacy features they offer. Very few know this, but the dev, Dawn Song has had tons of notable mentions and huge involvement with improving privacy and security for Microsoft, Google, Twitter, Uber, Dropbox, Apple, IBM, Meta and lots more. Even most recently, three mentions in the Chat GPT-4 technical report, sections 35, 36, and 49. Ref - https://t.co/BAjYhJvRDc
You simply do not come across devs like this, nor pioneering the future of compliant blockchain privacy, OPL. I could speak about them for hours, but as I've mentioned many times before I believe the Oasis Privacy Layer will be huge. For those that don’t know, the Oasis Privacy Layer (“OPL”) is a cross-chain EVM-compatible privacy solution that opens new frontiers for confidential smart contracts in Web3 applications on the most popular EVM networks.