Aztec Protocol, whose EIP 1724 was one of many first to publicly conceive on-chain privateness, helps sure functions of decentralized finance within the Ethereum ecosystem. Nonetheless, by advantage of using a ZK-Rollup, Aztec’s obfuscation course of takes place on a layer 2 with a code that’s closed supply, and by default not trustless (see: Offshift’s proprietary analysis). If financial and financial historical past have revealed a single, incontrovertible lesson, it’s that techniques that may be exploited shall be exploited. Unequivocally, we want a sturdy, complete and inclusive PriFi answer, one that’s totally decentralized, that’s uncompromising in defending person privateness, and that operates totally on-chain – on layer 1 within the Ethereum and Polkadot ecosystems. There are to be no if’s, and’s or bridges.