2026-01-16 04:32:16

Privacy Cash handles deposits and withdrawals through zero-knowledge proofs, and this cryptographic scheme is solid. Depositing into the privacy pool? It's private. Withdrawing? Also private.

Where's the problem? The swap operation occurs on Jupiter—which is a publicly transparent on-chain DEX. In other words, privacy protection is in place at both ends, but the intermediate step is exposed on the chain.

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BearMarketBro

· 12h ago

Ha, a typical barrel effect—completely sealed at both ends with a sieve leaking in the middle.

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RugPullAlarm

· 01-17 23:09

Let me complain first, this is a typical case of "wearing a privacy hat and running naked in the open market." Both the frontend and backend are putting on a show, but a single Jupiter swap exposes everything. On-chain data will remember everything about you, so what? Accessing privacy is indeed fine, but opponents only need to monitor Jupiter's large USDC/SPL inflows and outflows to reverse track you. This privacy is essentially non-existent. Fund flows cannot be hidden at all. This is the kind of situation where "we have zero-knowledge proofs" is loudly proclaimed, but in the end, it still cannot escape the fate of on-chain analysis... I've seen too many projects deceive like this.

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MissingSats

· 01-16 05:02

Privacy pools matryoshka dolls - poke through the middle layers and it falls apart. Isn't this just like sleeping with the windows open in a newly renovated house?

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StealthDeployer

· 01-16 05:02

Isn't this just paper-thin privacy, completely exposed in the middle?

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POAPlectionist

· 01-16 04:42

This is just outrageous. Privacy is perfect at the front and back, but in the middle, it's completely exposed on the DEX. What kind of privacy is that?

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GasFeeCrier

· 01-16 04:37

It's a typical Schrödinger privacy—encrypted at the front and encrypted at the back, but that one moment in the middle is fully exposed.

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ETH_Maxi_Taxi

· 01-16 04:33

Wow, this is a classic case of "wearing an invisibility cloak to the public bath," completely covered up front and back, but still exposed in the middle.

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