/biz/ - Business & Finance

>>52673252
At least, it placed emphasis on privacy. Seems to be a very important topic these days

>>52284174
>Security first before other things.
Investing in security is vague. Makes better sense if you said you're into privacy since there are projects built around it. Security is more of a description, rather than a utility.

>>51622372
That's for sure. Although, it makes sense to hype privacy focused projects considering the rising demand for security and how maintaining anonymous wallets matters in that regard

>>51450758
Over 200k accounts created within a short period of time is no fluke. Evidently, a lot of people are trying to hack their way into the web3 world.

>>51281199
>Another plus
Private and anonymous transactions now possible on the chain, thanks to Railgun. High privacy standards means improved security and this opens up so much more use cases for crypto mainstream adoption.

>>51251671
Understandable. The demand for security is simultaneously rising. In this case, the details of transaction histories are the major highlights being called to be secured.

>>51192433
Well, a major difference is the fact that in the former, users can manage their assets from a single account and authorization process unlike the case in DeFi where so many keys have to be individually managed. I consider it to be one of the major security issues

>>50876371
By now, everyone understand how vital secured identities and wallets are. I expect projects with products around this utility to make a massive boost before EOY

>>50566730
Improving security starts from setting boundaries to who and who does not have access to the activities of users when trading. Security is not realistically achievable if privacy is still a problem

>>50488267
>Security based projects will thrive in the next bull cycle,
That's for sure. There are no direct security improving protocols but just like anon said >>50500193 privacy is key to improving security and we already have a good number of privacy projects.

>>50300062
Privacy coins are definitely not going to fall off. As a matter of fact, I wonder how chains will get along for a long time if privacy solutions is not enabled on the chains

>>50265633
>most likely projects with relevance
Projects enabling privacy and security
Checked

>>50230742
I'd place a bigger bet on privacy coins instead. The demand for the utility that accompanies them is clearly rising

>>50190235
But at the same time, privacy depends on the quality of privacy which is another thing defi is clearly lacking

>>50112638
Hard to think about core crypto principles except anonymity. Ironically, crypto is kind of pseudonymous since I can still track your ass just by getting your wallet address. Except in Railgun and other PriFi protocols in which it's different ball game, the core crypto principles are very much lacking.