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Why Privacy

Privacy is normal.

Your bank transfers, credit card payments, and other fiscal transactions are private between you and the recipient. Unless someone has your bank information, they aren't able to see any of the records of those transactions.
On a blockchain all transactions and details are public. While wallet addresses provide pseudonymity, there is no true anonymity. If someone knows your wallet address, they can see every transaction that you've ever made and who you have interacted with, as well as your balance.
We believe in an inherent right to privacy, especially about financial transactions. Currently, there are a few ways to achieve privacy on chain:
Privacy Method
Pros
Cons
Centralized Exchanges
Generally good actors
Easy on/off ramps
Exchange knows your activity
Not always getting the best price
High fees
Privacy Chains
Built in security
Censorship resistant
Currency volatility
Scalability issues
Regulatory concerns
Mixers
Protected from targeted attacks
Decentralized (mostly)
Regulatory concerns
Trust issues with centralized mixers
High fees
Bad actors
Stealth Addresses
No address reuse
Protects senders and receivers
Safeguarded against targeted attacks
Complicated UX
Not compatible with existing wallets
Private Smart Contract Chains
General purpose blockchains
Unproven technology, timelines have slipped by years
Large security surface area
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Privacy Method	Pros	Cons
Centralized Exchanges	Generally good actors Easy on/off ramps	Exchange knows your activity Not always getting the best price High fees
Privacy Chains	Built in security Censorship resistant	Currency volatility Scalability issues Regulatory concerns
Mixers	Protected from targeted attacks Decentralized (mostly)	Regulatory concerns Trust issues with centralized mixers High fees Bad actors
Stealth Addresses	No address reuse Protects senders and receivers Safeguarded against targeted attacks	Complicated UX Not compatible with existing wallets
Private Smart Contract Chains	General purpose blockchains	Unproven technology, timelines have slipped by years Large security surface area

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