Privacy computing on the blockchain is entering a new stage. A well-known privacy project leverages native zk-SNARKs and confidential smart contract architecture to achieve a balance between on-chain data encryption and selective disclosure — you can execute complex financial logic in a fully encrypted state while only revealing relevant information to the parties that need it; when issuing privacy RWA tokens, it can generate auditable zero-knowledge proofs at any time; and privacy is always protected during DAO governance voting.

The technical innovation of this system lies in the Segregated Domains architecture and Piecrust VM. The latter allows Rust developers to seamlessly develop privacy contracts, with proofs verified on-chain in just milliseconds, significantly lowering the development barrier. In comparison, other projects are still using transparent chains with mixers or zk-rollup solutions as stopgap measures; this project directly sets privacy as the default at the L1 layer.

The ecosystem's liquidity is driven by the native token, with holders having direct governance rights over protocol upgrades, privacy circuit versions, and gas models. As the demand for on-chain sensitive data processing grows, privacy infrastructure is becoming a standard feature for next-generation applications, not just an optional function.