12skiii_
@qvvvvv
Encryption is more and more breaks in Web3, @inconetwork and @circle has created a framework to wrap your ERC-20 assets in cERC-20 to create confidentiality and hide amount of transferred tokens.
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12skiii_
@qvvvvv
Confidential ERC-20 tokens using FHE, what allows computation to keep it private and don’t decrypt a data.
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12skiii_
@qvvvvv
The process is simple: user wraps ERC-20 asset into cERC-20 and this token can be transferred with hidden amount, balance thanks to FHE.
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12skiii_
@qvvvvv
Important cases: Private AMM and Dark Pools – make a assets swap with hidden transaction volume that secures from front-running.
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