An Ethereum researcher published a proposal titled “Privacy Guardians 2.0,” aiming to enable on-chain payments with the “maximum achievable privacy.”

Deep Tide TechFlow message: On July 17, according to the Ethereum Magicians forum, developer Leo Glisic officially released Privacy Guardians 2.0 and announced that its design is open-sourced. The project is positioned as a decentralized privacy payment system, aiming to maximize privacy protection for on-chain payments and to counter issues such as freezeability and monitorability found in centralized payment solutions (such as OUSD launched by Corpo Consortium).

The current V1 version covers multiple modules including private payment mechanisms, an insurance mechanism, honeytrap (honeypot) design, exchange-rate management, liquidity pools, and metadata handling. Glisic said this version is still in an early stage, with significant room for optimization in areas such as cryptographic security, incentive mechanism alignment, and capital efficiency, and he called on the community to participate in improving it together. The whitepaper has also been published at glisic.xyz.