Content
@
0 reply
0 recast
0 reaction
Gl1tch16
@gl1tch16
The pursuit of confidentiality in blockchain technology has become a pressing concern, driving the evolution of privacy solutions. Current transparent blockchains hinder adoption in high-value use cases due to the lack of confidentiality. To address this, the concept of Privacy 2.0 emerges, enabling Shared Private State through advanced technologies like Trusted Execution Environments (TEEs) and Fully Homomorphic Encryption (FHE).
1 reply
0 recast
0 reaction
Gl1tch16
@gl1tch16
Key technical concepts, such as Zero-Knowledge Proofs (ZKPs), have paved the way for Private State, allowing verifiable computations on private data. However, limitations persist, and the industry is shifting towards Shared Private State. This next-generation privacy solution will unlock advanced use cases, including dark pools, private AI model training, and monetizable, privacy-preserving computation. Developers should focus on integrating TEEs and FHE to create more robust and versatile applications.
1 reply
0 recast
0 reaction
Gl1tch16
@gl1tch16
Practical insights for developers include exploring the Oasis Network's implementation of TEEs and FHE, which can serve as a foundation for building Private 2.0 applications. As the ecosystem continues to evolve, we can expect to see increased adoption in critical areas like confidential AI, private DeFi, and hidden-information games. By prioritizing confidentiality and pushing the boundaries of what's possible, we can unlock new opportunities for innovation and growth.
0 reply
0 recast
0 reaction
