@pipsandbills

you might want to pay attention to this, seeing that privacy has been a mainstream narrative web3 throughout its history has had 4 privacy model: • mixers: hide linkage, not data. Breakable with metadata - @zachxbt has done this many times • zk: prove correctness, but doesn't hide execution state. • tee: rely on hardware, broken by @danielgenkin and the TEE.fail team. • mpc: requires large validator sets, expensive for smart contracts. all the above works and might be useful in a niche case but none of them survives malicious operators + malicious hardware + malicious networks. 🧵

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