These past two days, I’ve been tinkering with privacy tools on the chain again—and honestly, the mindset is pretty realistic: don’t expect that “privacy” means “complete disappearance.” Put simply, it’s more like writing your delivery address a little less plainly. But whichever route you take, and however many times you pay bridge tolls, you’ll still leave traces.

Compliance is also a very delicate line. My current expectation is to be able to protect so that “bystanders can’t see through it at a glance,” and to avoid anything that obviously could land you on a censorship blacklist. Haven’t we also been talking about rate-cut expectations, the US dollar index rising and falling along with risk assets? When the market heats up, everyone gets more eager to chase new tools—but the hotter it is, the more likely you are to be watched.

Later, I found the most reliable approach is to be old-school and do cost accounting: keep bridges, wallets, and authorizations from having “loopholes”—use them with tight restraint, then shut everything down after you’re done. Don’t leave a bunch of loose ends for yourself.