This is the DeCC Ecosystem map by @MessariCrypto, showing projects that use different methods to achieve data and user privacy.
Common & @Aleph__Zero use Zero Knowledge Proofs.
But what we're bringing to web3 users is a bit different from for the other projects.
Follow along!
Incredible first 24h for @Common__App! Currently already over 400k TVL (see https://t.co/5L4VvMia4E), with just 2 chains launched (7+ more in the upcoming 3 months!). After we integrate DefiLlama (in the process), we already land quite high on the Privacy list. Considering Aztec is a different type of project and and Tornado Cash "raises questions" about its liquidity sources, Common already counts as top 3 in my book. And we've just started, and the market for privacy is MUCH bigger than this picture.
Finally, real privacy on @arbitrum that doesn't feel like a science project. 🔐
☍ @Common__App x @Aleph__Zero is live, turning your regular Arbitrum transactions into nobody's business.
Three steps and you're invisible:
➥ Connect your existing wallet
➥ Sign a message
➥ Shield your assets
ZK proofs in under a second means privacy without the wait.
arbiscan will only show you entered the shielded pool, everything else stays between you and your strategy.
Arbitrum has already become the go to for builders who need real liquidity, low fees, and reliable scaling.
Now, it’s proving it can support privacy too, without sacrificing speed or UX.
Privacy shouldn't be optional in DeFi. Now it isn't.
The Common Wallet developed by the Aleph Zero team will support in-app shielding and connecting to the Common Shielding Network natively.
We take a stronger approach than using association sets to prove non-association with “bad” accounts by using anonymity revoking.
Association sets / proofs of innocence lack real time ability to combat malicious actors that deposit and withdraw from the privacy pools multiple times (with some time lag) prior to some time in the future when an account can be identified as belonging to a malicious actor.
Agree – uncontrolled revoking is risky. But alternatives struggle: universal delays impact all users for fraud detection windows, while proofs-of-innocence don't cover all exits. Revoking isn't perfect, but can be controlled: we add safeguards like split/TEE keys, rotating keys and provably discarding old ones & TEE proofs of total usage.
@aNDy4CF Yeah I think we feel the same! It feels very artificial which is bullish to me. Whales buying more at the lows because they know what is coming. I wonder what % of whales are from AZF ;)
@aNDy4CF What i noticed is that with dumps the whales bag size shrinks only to grow higher than before around the bottoms so seems like an active process of acquiring more azero.When btc dumps, azero dumps less than other alts and when btc goes up azero pumps less than other alts.Bullish!