@web3ai
The End of the "Naked" Blockchain: Why #Zama’s $FHE is the Missing Layer of Web3
The "Transparency Trap"
For the last decade, the blockchain industry has been obsessed with one word: transparency. We treat it as a religion. We love the idea that anyone, anywhere, can verify a transaction without needing permission. "Don't trust, verify" isn't just a slogan; it is the ethos of the entire space.
But there is a massive, unspoken cost to this radical transparency: The death of privacy.
Most public blockchains—Ethereum, Solana, Bitcoin—are transparent by default. This means every transaction you execute, every asset you hold, and every interaction you have on-chain is visible to the entire world. If I know your wallet address, I know your entire financial history.
To put it bluntly: Using crypto today is like walking around a crowded city completely naked. @@zama