“dummies guide to encrypt(dot)trade” an explanation of @encifherio, in (very) simple terms.
encrypt(dot)trade is a privacy engine for @solana. it lets you trade, send, swap, lend, whatever - without exposing your wallet, amounts, or strategy.
solana is fast but everything you do is basically public. encrypt(dot)trade fixes that by turning your tokens into encrypted spl tokens (etokens) that hide balances + transfers.
how? simple version: wrap tokens → get etokens - your amounts get encrypted - blockchain sees only tiny encrypted pointers - real math happens in a secure co-processor - you get private balances back nobody can link your actions.
example: you wrap $1000 @USDC swap $230 privately through @JupiterExchange unwrap whenever you want on-chain? people only see encrypted state changes. no one knows what you traded or who you paid.
is it just another mixer? nope. there’s no giant pool, no tornado vibes. encrypt(dot)trade uses: - threshold encryption - zero-knowledge proofs - secure hardware (TEEs) - ephemeral accounts - off-chain encrypted state access privacy WITHIN your favourite apps
so, what's possible? pretty much all of defi, but private: - private swaps on @JupiterExchange - private transfers (payroll, vendors, friends) - private lending using @kamino - private treasury ops using @SquadsProtocol - private governance - private trading strategies on @DriftProtocol same solana speed. invisible trail.
compliance is sorted encrypt(dot)trade bakes it in: - geo-blocking - wallet screening - sanctions checks - indirect exposure checks - building on-chain attestations with @0xPredicate & @MerkleScience users stay private. venues stay safe. regulators chill.
best practices: treat it like an exchange: - wrap more than you plan to trade - don’t wrap → swap → unwrap instantly - stagger unwrapping - vary sizes + timing - use fresh addresses more entropy = more privacy.
tldr encrypt(dot)trade is solana’s encrypted execution layer. you wrap → trade privately → unwrap when ready. no one sees your amounts, wallets, or strategy. full privacy, full speed, full compliance.
2,024
33
本頁面內容由第三方提供。除非另有說明,OKX 不是所引用文章的作者,也不對此類材料主張任何版權。該內容僅供參考,並不代表 OKX 觀點,不作為任何形式的認可,也不應被視為投資建議或購買或出售數字資產的招攬。在使用生成式人工智能提供摘要或其他信息的情況下,此類人工智能生成的內容可能不準確或不一致。請閱讀鏈接文章,瞭解更多詳情和信息。OKX 不對第三方網站上的內容負責。包含穩定幣、NFTs 等在內的數字資產涉及較高程度的風險,其價值可能會產生較大波動。請根據自身財務狀況,仔細考慮交易或持有數字資產是否適合您。