@primus_labs Think about knowing an institution has enough reserves to cover its liabilities without having to see its entire financial position.
That's a practical use of privacy in finance.
Still plenty to learn and build in this space.
Enjoy the rest of your evening, CT. π§‘
Good evening CT π
One thing worth thinking about before the day wraps up: Proof of Reserves.
An exchange should be able to prove its reserves without exposing its entire financial records.
It's one reason @primus_labs has caught my attention yet again. π§΅
@primus_labs Primus is exploring an interesting approach.
zkTLS helps verify data from web sources, while zkFHE allows computations on encrypted information.
This means applications can verify certain claims and work with sensitive data without exposing every underlying detail.
@primus_labs
@primus_labs The plan is to move toward more open participation, with technical and staking requirements for operators.
I'm interested to see how that transition plays out.
Generating proofs is one thing. Opening participation is the next step.
Enjoy your Sunday, CT. π§‘
Good morning CT βοΈ
Opening a decentralized network to everyone takes more than just allowing anyone to run a node.
The operators need to be reliable, and the infrastructure has to work under real conditions.
That's where @primus_labs and AlphaNet come in. π§΅
@primus_labs AlphaNet currently has a permissioned operator group. Attestors need approval from the Primus team, with Primus and selected partners running the network for now.
So, despite its decentralized vision, anyone can't just join as an attestor today.
@INNOCENT000001 A clear walkthrough makes all the difference, especially when sealed bidding is new to you. Saves time and avoids costly mistakes. π¨π₯