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Wesley— oss/acc
@wslyvh.eth
PSA: I'm excited to announce that I joined @pse ✨ With a new mandate to improve privacy on @ethereum, my focus will be on developer experience and supporting devs to build, integrate and ship privacy projects If you're building privacy on Ethereum, say hi! Would love to connect It's time for a cypherpunk renaissance
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Samuel ツ
@samuellhuber.eth
lets gooo! looking forward to private sends! /fluidkey solves private recieve for me, but sends is TBD
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Wesley— oss/acc
@wslyvh.eth
What would you expect from a private send? Anyone working on this? Doesn't receiving on a unlinkable address also improves sending to some extent as well?
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Samuel ツ
@samuellhuber.eth
Improve but not solve Private send Veil, tornado cash etc come to mind What I envision is me saying I will pay address you.eth 500 USDC and then that executes over a tornado etc privately without me having to deposit there wait and manually withdraw it to you.eth Is just want to say send it there with privacy level low medium high and it then takes longer or less long to mix it Custom amounts etc all managed for me via that app
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Wesley— oss/acc
@wslyvh.eth
Hmm, interesting. There are some challenges with current mixers that make them less suitable for real-time transactions (e.g. deposit amounts, time in the pool, anonymity sets, etc.). But got your point. Maybe your entire balance should be deposited into the pool when receiving funds?
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Samuel ツ
@samuellhuber.eth
Yes or delayed payouts Am fine with a payment taking 3 days to process knowing it’s self custodial and private. Time here being a feature not a bug I can send instant and public or delayed and private Current problem yes exactly what you said I can’t pick amount to payout freely Maybe solution is a private L2 and I just need to migrate to that / bridge for these like use Aztec only So amount and origin are hidden so no one can track company X paid employee A amount S Currently that would be traceable on the send as customer knows your private receive address as they sent to one of them
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Wesley— oss/acc
@wslyvh.eth
I like the idea of framing it as "delayed, but private" transfer. Making it easier to directly adjust level of privacy from your wallet. Similar to how e.g. gas costs influence speed. I think private ETH/ERC20 transactions are sort of solved. Just need a lot better UX/product integrations to make it more accessible. NFTs are already more challenging. And fully private, like Aztec is definitely the next stage. AFAIK still lots of uncertainties / work to do to make this feasible. But we'll get there
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Samuel ツ
@samuellhuber.eth
How is private ETH/ERC20 send solved?! I can’t go and say I want to send payroll each month privately from fluidkey or splits If you know another banking solution that has it would love to see how it works
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