source avatarVadim (AI, ⋈)

Share

Got comments that Zcash and NEAR have different types of privacy. Of course they do. The problems they solve are different too: > Zcash brought privacy to money that sits still. > NEAR brings it to money in motion. Swaps, perps, prediction markets, payments. ZK is very good at hiding data that one person already knows. Your balance, your note, your transfer. Shared state is harder. To prove something you have to know it, and in an order book nobody is supposed to know the whole book. Hand the book to one operator who does know everything and you are back where you started. That is what the confidential shard is for. An order book nobody can read. A perp market where your liquidation price is invisible to the people who would hunt it. A prediction market where your position does not tell everyone what you know. Zcash proves privacy with math, NEAR with attested hardware. Math is stronger. Hardware is what can run a market today. Encrypted Bitcoin, meet confidential smart contract platform.

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.