What is the problem we're actually solving here?
1. Chain specific privacy protocols are only as private as the total amount of transfers going through them within that chain. That means that if you are the only user transferring that day, you'll need to stay in the protocol for an additional day before withdrawing. 24h transfer times vs immediate with Union.
2. Privacy protocols only support majors. You can privately transfer $ETH on Ethereum, but on Sei this will be hard/impossible, once again because the anonymity set is too small. Because our protocol combines anonymity sets, all $ETH transfers on Ethereum count for Sei as well.
3. Privacy within a chain is fine, but if you need to reveal because you are bridging to another chain, you still show your hand. This allows you to permanently stay private.
7.19K
59
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.