Web3 Innovators #117 - Chainlens Spaces: Wen Encrypted Ethereum?
In this episode, Gavin Thomas and Cais Manai of Ten Protocol join Conor Svensson to explore the transformative potential of on-chain privacy and how Ten Network enables private smart contracts on Ethereum. They discuss trusted execution environments (TEEs), selective privacy, and the path to a decentralized future that empowers developers and users. Drawing from their TradFi and blockchain experience, Gavin and Cais share how Ten Network bridges Web2 and Web3.
Episode Highlights
Privacy in Web3
Cais and Gavin explain how Ten Protocol enables private computation within smart contracts, offering tools for developers to build decentralized applications (DApps) with selective privacy, surpassing privacy tokens like Zcash or Monero.
TEEs: The Backbone of Privacy
The duo highlights the scalability and transparency of TEEs, which allow developers to create privacy-preserving applications within the Ethereum Virtual Machine (EVM).
Developer-Centric Design
Ten Protocol integrates seamlessly with the EVM, prioritizing low-friction tools and composable infrastructure to drive developer adoption.
AI Agents and Privacy
TEEs enable the creation of provably autonomous AI agents, unlocking trustless execution and new Web3 use cases like decentralized AI applications.
Roadmap to Mainnet
With its testnet complete, Ten Protocol is targeting a mainnet launch early next year. The team focuses on reliability, incentivization, and unique "degen" features for the Web3 community.
Key Quotes
Gavin Thomas:
"The success of any DApp depends on being where the majority of developers are. That’s why we built Ten Protocol to integrate seamlessly with the EVM ecosystem."
"By leveraging trusted execution environments, we bring scalable, selective privacy to Ethereum and beyond, empowering developers to build the future of decentralized applications."
Cais Manai:
"Privacy in Web3 isn’t about hiding value transfers; it’s about enabling complex applications to operate securely in a decentralized world."
"The beauty of TEEs is that they work today. They enable privacy and scalability while preserving the developer-friendly nature of the EVM."
"Our endgame is to rebuild the Internet on decentralized infrastructure, giving power back to users while enabling developers to create anything they can imagine."
Links and Resources
- Ten Protocol: ten.xyz
- Ten Protocol on X: @TenProtocol
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