Privacy Without Losing Composability For years, onchain builders faced a false choice: build private, or build composable. You couldn't have both. That changes when onchain assets no longer have to sacrifice privacy for composability. What actually changes: 🔹 Private state becomes a first-class primitive — Assets can carry encrypted balances and still plug into lending markets, DEXs, and yield strategies. Composability was never supposed to mean radical transparency of every position. 🔹 Money legos stop leaking strategy — Composability today broadcasts your every move. With encrypted state, protocols can interoperate on ciphertext — verifying correctness without exposing balances, counterparties, or position sizes. 🔹 New design space opens up — Private order books that settle onchain, confidential RWAs, encrypted credit scoring, sealed-bid auctions — all composable with existing DeFi rails instead of walled gardens. 🔹 Privacy stops being a separate chain — No more bridging into a privacy silo and losing access to liquidity. Privacy becomes a property of the asset, not a destination. 🔹 Compliance gets more nuanced, not less — Encrypted state with selective disclosure lets users prove what matters to whom, rather than doxxing everything to everyone. The end state: privacy as a default attribute of onchain assets, fully composable with the rest of DeFi. That's the direction @fhenix is building toward with FHE-powered confidential smart contracts — encrypted computation that keeps assets composable. Worth watching closely. @fhenix