Okay, now that we have your attention on Starknet / ethereum:0xca14007eff0db1f8135f4c25b34de49ab0d42766 ...
Let me quic | Hanami
Okay, now that we have your attention on Starknet / ethereum:0xca14007eff0db1f8135f4c25b34de49ab0d42766 ...
Let me quickly explain why I believe Starknet is the strongest bet on both privacy and quantum resistance.
1⃣ Privacy
Starknet recently launched STRK20, a protocol-level privacy pool bringing state-of-the-art privacy infrastructure to Starknet.
What makes it different?
→ Shield ANY asset inside the same privacy pool: STRK, ETH, BTC, ZEC, memecoins, stablecoins... anything. As of today, 41 different assets have already been shielded.
→ The lowest privacy fes on the market: ~$0.12 per private transaction
→ Best privacy UX: accessible directly from the wallet UI, in only a few seconds
→ Deep DeFi integrations
In terms of DeFi integrations, we already have:
→ Private swaps on @avnu_fi & @EkuboProtocol
→ Private STRK and BTC staking on @endurfi
→ Private payroll with @DashXHQ
→ Private prediction market betting on top of Polymarket with @OffMarketcx
Coming very soon:
→ Private lending & borrowing on @vesuxyz
→ Private yield generation on @trovesfi
→ Private LPing on @EkuboProtocol
→ Private options trading on @SuperVegaXYZ
And as OffMarket demonstrates, if demand exists, this privacy infrastructure can also be plugged into use cases originating from other ecosystems and platforms: Hyperliquid, Lighter, Derive, etc.
2⃣ Quantum resistance
Quantum computing will eventually break the cryptography securing most blockchains today.
That means chains will need to upgrade parts (if not all) of their cryptographic architecture and migrate users toward post-quantum-secure accounts.
For many ecosystems, that could mean:
→ Years of significant engineering work that could otherwise be spent on other critical protocol improvements.
→ Finding a migration path that doesn't break UX or place too much responsibility on users.
On Starknet, a large part of the groundwork is already there.
Completing the transition will require only months of engineering work rather than years:
→ STARK proofs, Starknet's ZK engine, are already considered quantum-resistant by design.
→ Native Account Abstraction makes it possible to migrate accounts from today's signature schemes to post-quantum-secure ones in a single tx for users.
→ Post-quantum-secure account implementations already exist, with PoCs from @OpenZeppelin and S2Morrow.
→ StarkWare recently published its roadmap for the remaining work:
https://t.co/5pVnpC3W4h
→ StarkWare also hired Prof. Scott Aaronson, one of the world's leading experts in quantum computing, to help stress-test the roadmap and strengthen the work around quantum security.
→ Our team also designed a mecanism allowing Bitcoin to be quantum-secure today (QSB)
If you want exposure to this Starknet privacy + quantum-resistance thesis, there are still relatively few liquid tokens to position in the trenches.
I'll just list them. You know the drill: NFA, DYOR, I'm retarded, extremely risky.
→ ethereum:0xca14007eff0db1f8135f4c25b34de49ab0d42766, obviously. You can learn more about the thesis here:
https://t.co/I7pqyu3NYy
→ $EKUBO, the token of @EkuboProtocol, the most advanced AMM in the entire crypto ecosystem, deployed across Starknet and EVM chains, already offering private swaps and soon private LPing.
→ $DREAMS, the token of @daydreamsagents, building x402 + AI marketplace
→ $SLAY by @SlayOnStarknet, memecoin + Brother Eli NFTs
→ @StarknetBro, memecoin.
→ @schizodio, memecoin + NFTs
🏄♂️🏄♂️🏄♂️
https://t.co/I1Roh3Jv1j