I’ve been thinking: does on-chain privacy really count as a false proposition? Lately I’ve come across a few new protocols that claim they can support “anonymous transactions,” but the on-chain data is still a full package—so transparent it might as well be like a palace of crystal. In their audit reports they even write that “user addresses can be linked.” It feels like wearing an invisibility cloak, except there’s a tracker built into the bottom of your feet—who knows?

As for me, I’m just a small, transparent one. I only want, when I swap, not to have my deposits and withdrawals watched by the entire network. But compliance says it still has to do “anti-money laundering,” and it’s hard to do both at once. That whole social mining thing—where fan tokens are being played with hot and lively—can attention really be considered “mining”? It seems to be subtly at odds with privacy protection… What about you?