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The "transparency" of Blockchain actually has a bug 🧩
I increasingly feel that blockchain has an inherent contradiction:
It seeks "openness and transparency" while also wanting to "protect privacy."
But these two things are fundamentally in conflict with each other.
Now you can casually check any on-chain address.
You can see its assets, transactions, and interaction objects.
It can even draw a complete social relationship diagram.
Is this really "decentralized freedom"?
Is it still the "ultimate form of public monitoring"?
At this moment, @zama_fhe appeared:
They want the on-chain data to run encrypted —
Nodes can only verify the ciphertext but cannot see the content.
It's like you submit your homework, but the teacher can only confirm that you got the calculations right.
But I can't see what you specifically wrote.
This means:
The future blockchain does not necessarily have to be "naked" in revealing everything.
but can achieve "verify correctness without exposing privacy".
This is true trust in the real sense.
Transparency ≠ Trust, Openness ≠ Security.
Perhaps the next upgrade of Web3 is not about being more transparent,
but learn to be "selectively transparent".
#Zama FHE #DeFi ZamaCreatorProgram