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a16z crypto General Partner: Privacy is a key element in driving the global financial on-chain, yet it is also a feature lacking in most chains.
Foresight News reports that a16z crypto general partner Ali Yahya tweeted, “Privacy is a key factor recognized by the industry that drives the global financial on-chain, yet it is also a function that is completely absent in most blockchains today. For most chains, privacy is still merely an afterthought. Token cross-chain transfers are as easy as pie, but privacy cross-chain is as difficult as climbing to the sky. Given the importance of privacy features for most real-world applications, a few privacy chains will dominate the crypto assets market.”