think @zooko mentioned this on a podcast with @arjunkhemani on how DEXs enabling Zcash trading inevitably leak privacy when you’re going through something like a BTC/ZEC pair. the only real fix? a DEX that’s private by default, where every hop, order placement, matching, liquidity engine and settlement is encrypted end-to-end. anything less is just opt-in leakage waiting to happen and you’re better off relying on CEXs for pseudonymity.
lucid.⛩️
lucid.⛩️13.8. klo 00.52
I’ll probably write an article or maybe host a space on why so-called “opt-in” privacy features are largely a mirage. Leakage is inevitable when privacy is bolted on as an optional mode, especially in architectures leaning on TEEs. Without cryptographic end-to-end guarantees, TEEs merely shift trust to hardware vendors and operators, who can observe and correlate your transactions. In these setups, you’re one policy change, subpoena, or retarded operator away from being deanonymized. That’s not privacy, it’s permissioned opacity. Real privacy is default, provable, and irreversible by design.
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