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Insightful|Mar 02, 2025 02:13
Privacy is a right not a privilege, especially in the Web3 space
Imagine there was a "ghost layer" that sits between Layer 1 and Layer 2 blockchains with private and compliant transactions
https://x.com/silentdao_/status/1880429379853176941
@silentdao is building this
How you can qualify for their future airdrop:
The OGP points/ Airdrop
A key part of their progress is a "gamified trusted setup ceremony" called the Disjunction of Spirits
Participating = your an early adopter = you get OGP points = future airdrop for you
This event will generate important cryptographic keys using zkSnarks in prep of the Silent Protocol's mainnet
Silent Protocol has also raised 5M from notable VCs such as Mechanism Capital, Sora Ventures, as well as angels such as Santiago Santos and Ryan Selkis
You can get started by going to
https://ceremony.silentprotocol.org/?ref=1246515373370945543
Connect/sign in via your twitter/X account
Wait for your spot in the que
Participate in the ceremony
Receive points for early registration = eligible for a future airdrop + unlock your ref code to share with others
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The future of the Privacy landscape in Web3
Tornado cash Dev being put in jail for releasing open source code --> complete legal reversal
https://x.com/L0laL33tz/status/1870064859661926835
https://x.com/L0laL33tz/status/1861549486637560241
Clearer regulatory frameworks under Trump = more institutional activity
More incoming institutions = more demand for privacy solutions
To prevent copytrading and keep their investment strategies under wraps, fund managers will want to conceal their onchain trading actions
The current problem with Privacy solutions
Existing privacy-preserving frameworks face "State Denial
where private data isolation prevents interoperability and composability between applications
Users must choose between privacy or ecosystem-wide composability
The @silentdao_ : Implementation of EZEE (Economical Zero-Knowledge Execution Environment)
framework enabling composable privacy, overcoming "State Denial" by decoupling encryption from execution
What It Does: Adds privacy to public blockchains without sacrificing decentralization
Features/use cases
0dapps: Dapps within the execution layer, enabling users to privately interact with various end contracts
Ex: MakerDAO, AAVE, Cowswap NFT marketplaces, cross-chain swaps, and perps trading while retaining privacy
Create secondary accounts for interacting with public smart contracts while preserving anonymity
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