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Shadow Realms: Decrypting Privacy with Penumbra’s Henry de Valence

The Delphi Podcast

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Penobra: A Multi-Asset Shielded Pool for Private Trading

The system consists of a multi-asset shielded pool where we can record any asset privately in one big shielded pool. We have concentrated liquidity for market making that is, you know, the liquidity positions are public, but they're created out of the shielded pool. And then finally, we have transfers using IBC from inside the chain to outside or vice versa. Having only the shielded pool inside of Penobra means that the privacy boundary is aligned with the cross chain boundary.

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