Exploring Penumbra with Henry de Valence
Zero Knowledge
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Penumbra - A Proof of Stake L1
Penumbra is a fully private proof of stake L1. We have a shielded staking system that gives privacy to delegators, but still accountability and transparency for the validators. And we have integration with IBC so any IBC compatible chain can transfer assets into Penumbra. As those assets come in, they are recorded in the shielded pool. So you can have long-term privacy even for individual trade amounts. That's kind of on the market taker side., which is one sort of point in this trade-off between how much privacy you do get versus how much control over your trade execution do you get? On the market maker side where we have all concentrated liquidity and
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