Watch These Web3 Privacy Companies Closely – They’re Making Moves
The post Watch These Web3 Privacy Companies Closely – They’re Making Moves appeared on BitcoinEthereumNews.com. Privacy is like money: we’d all like more of it, yet it feels like what little we have is constantly being eroded. Indeed, convincing web companies to provide greater privacy is a bit like asking your boss for a raise: it’s gutsy, but rarely works. Which is why if you want greater digital privacy, you need to go and claim it for yourself. After all, the tools are out there and no one’s criminalizing you for using them – because the latest implementations are not only regulatory-friendly, but they’re designed for institutions as much as regular users. Web3 is currently undergoing something of a privacy renaissance, with the slow and non-compliant networks of the past being superseded by lighter and more legitimate solutions to meet the needs of the next wave of blockchain users. We’re talking selective data sharing, opt-in private transactions, and all without slowing transactions down to a crawl, to prevent sending smart contract costs soaring or regulators circling. At a high level, that’s what v2 of the industry’s privacy protocols have to offer. At a low level…well, at a low level let’s move in and take a closer look at four of the leading companies powering this privacy renaissance. You’ve likely heard their names before, but may be less aware of the progress they’ve been making in mainstreaming privacy. They’ve got the tech to deliver this at scale, but just as importantly they’re stacking up partnerships and integrations galore to normalize privacy across the entire web3 landscape. COTI: Keeping It Confidential With Garbled Circuits COTI’s v2 mainnet highlights its move to an EVM-compatible and privacy-focused L2 chain. And not just for payments, but for just about anything you might want to do onchain without telling the world about it. For example, COTI perps exchange PriveX is using…
The post Watch These Web3 Privacy Companies Closely – They’re Making Moves appeared on BitcoinEthereumNews.com.
Privacy is like money: we’d all like more of it, yet it feels like what little we have is constantly being eroded. Indeed, convincing web companies to provide greater privacy is a bit like asking your boss for a raise: it’s gutsy, but rarely works. Which is why if you want greater digital privacy, you need to go and claim it for yourself. After all, the tools are out there and no one’s criminalizing you for using them – because the latest implementations are not only regulatory-friendly, but they’re designed for institutions as much as regular users. Web3 is currently undergoing something of a privacy renaissance, with the slow and non-compliant networks of the past being superseded by lighter and more legitimate solutions to meet the needs of the next wave of blockchain users. We’re talking selective data sharing, opt-in private transactions, and all without slowing transactions down to a crawl, to prevent sending smart contract costs soaring or regulators circling. At a high level, that’s what v2 of the industry’s privacy protocols have to offer. At a low level…well, at a low level let’s move in and take a closer look at four of the leading companies powering this privacy renaissance. You’ve likely heard their names before, but may be less aware of the progress they’ve been making in mainstreaming privacy. They’ve got the tech to deliver this at scale, but just as importantly they’re stacking up partnerships and integrations galore to normalize privacy across the entire web3 landscape. COTI: Keeping It Confidential With Garbled Circuits COTI’s v2 mainnet highlights its move to an EVM-compatible and privacy-focused L2 chain. And not just for payments, but for just about anything you might want to do onchain without telling the world about it. For example, COTI perps exchange PriveX is using…
What's Your Reaction?
