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Payy confirmed 1) They run the zk proving service for wallets 2) They do KYC+tracking for card payments.
Implication: Payy sees nearly everything. It's a large caveat to 'private', but beats exposing everything onchain.Still slick—the privacy limits aren't inherent to the UX.
7.8. klo 04.29
This is the slickest 'private' payment experience I've seen in crypto. Uses the same zk tech we built for Zcash. But private to whom?
When you pay crypto address → Payy → Visa/card issuer → merchant, each step has different privacy issues and levels of safety. In more detail:
@sidgandhi_xyz It's cool work—the UX is great. That's not easy to get right, and I hope others emulate it. They can make different privacy decisions: orivacy is mostly orthogonal to the UX.
Customers can choose what privacy they want. Well, except for credit cards, where Visa ties our hands
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