In the private system, is it sort of a return to previous market types or is it in itself a brand new playing field with like brand new ways that people would interact on it? I think there's a possibility for private DeFi to build this kind of hybrid best of both worlds situation where you can keep some of the confidentiality of people being able to do trading without leaking their strategy. But also you're in this totally open and permissionless environment. So I think now would be a good time to talk about Penumbra.
In this week’s episode, Anna and Guillermo catch up with Henry de Valence from Penumbra. They discuss his thoughts on requirements for adoption of privacy systems and how these led to him to develop Penumbra. They explore how Penumbra aims to use privacy features not as ‘nice to haves' within the system, but rather as essential components that offer a new paradigm for how to think about DeFi in a Multichain Ecosystem.
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Today’s episode is sponsored by Aleo.
Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.
If you’re interested in building private applications then check out Aleo’s programming language called Leo. Visit leo-lang.org to start building.
You can also join Aleo’s incentivized testnet3 by downloading and running a snarkOS node. No sign-up is necessary to participate. For questions, join their Discord at aleo.org/discord.
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