Derived from BitJie, Paradex has launched Privacy Perps, a new system that enhances account and location privacy through encrypted and authenticated RPC. The system ensures that only account holders and Paradex can view orders, positions, and balances. A privacy committee, composed of Paradex, Paradex Foundation, and Karnot, manages decryption keys to securely restore state if needed. This marks a significant shift toward CEX-style privacy in a self-custody model.
Paradex Launches Privacy Perps to Enhance End-to-End Data Privacy
币界网Share
Summary
Paradex has launched Privacy Perps, a system that improves account and location privacy using encrypted RPC. Only users and Paradex can access order details, positions, and balances. A committee of Paradex, the Paradex Foundation, and Karnot controls decryption keys for state recovery. The move comes as new token listings rise and traders seek more privacy amid shifting inflation data.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.