On-Chain Confidentiality refers to the ability to conduct transactions or store data on a blockchain without publicly revealing sensitive information. This property is achieved through various cryptographic techniques, such as zero-knowledge proofs or confidential transactions. It addresses privacy concerns inherent in transparent ledger systems.
Context
The pursuit of On-Chain Confidentiality is a significant area of innovation and debate within the blockchain community, often featured in news regarding privacy-focused cryptocurrencies and decentralized applications. Achieving robust confidentiality while maintaining auditability remains a key technical and regulatory challenge.
The zk-agreements protocol uses Zero-Knowledge Proofs and MPC to finally secure confidential legal contracts on public ledgers, unlocking enterprise adoption.
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