In crypto, too many conflate ideas and talk with achievement | 1HowardWu στο Binance Square

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In crypto, too many conflate ideas and talk with achievement.
Talk is cheap. Build something.
On Aleo.

Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.

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@1HowardWu

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Do you think configurable compliance is the future of private blockchains? I do. Legacy privacy coins are one-size-fits-all. Next gen blockchains allow programmable rulesets that adapt to local jurisdictional requirements. We are enabling that on Aleo.

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Here's what people are building with ZK: (These were previously impossible). - Private payments: Imagine USDC transfers that preserve transaction privacy while maintaining regulatory compliance, keeping your entire financial history from being exposed to everyone you transact with. - Identity verification: Using a passport's digital signature to prove you meet certain criteria without revealing personal details, enabling KYC without data exposure. - Gaming with hidden state: Creating games like Battleship, Poker, or strategy games where information asymmetry is fundamental to gameplay. - Machine learning: Run inference using private models where the model owner doesn't see your input data, and you don't see their model, only the verified output. - What excites me most is that we're moving beyond theoretical capabilities to practical applications built by teams focused on specific problems, not just "build an L1/L2." Projects like ZKP2P and ZPass are tackling concrete use cases with clarity of purpose. The true power of ZK isn't just theoretical math. It's enabling real-world applications that were previously impossible. We're still early.

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The financial system we have today would never work if all transactions were public. No one would use it. Why do you think blockchains are any different?

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You don't have to admit it but ZK is inevitable. 25 years ago, the internet was all HTTP with no encryption. E-commerce only became possible with HTTPS. Crypto is in its HTTP era now. Without privacy -- enterprises, banks, and average users simply won't adopt these systems at scale. ZK provides that necessary privacy layer.

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Great conversation with @hackernoon recently about building private blockchains. Read below:

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