In 2027, the privacy protocol worth waiting to buy early: PLabs @_PLabs $P20 :
Privacy leader Zcash $ZEC hits consecutive all-time highs in price; FDV 16.57B;
Privacy infrastructure Interfold $FOLD goes live on Upbit; FDV 200M;
Meanwhile, the very early EVM privacy protocol pERC20 $P20 has just started—it’s an excellent timing to “lay in the weeds.” Ethereum co-founder Vitalik has repeatedly strongly recommended privacy protocols;
pERC20 is a new EVM privacy protocol built on the Zcash Orchard privacy protocol, and $P20 is pERC20’s native token. See the quoted tweet for details;
Main features of pERC20 (see image):
1⃣ Balances are not visible;
2⃣ Transfer details are not visible;
3⃣ It requires privacy-native applications to support it;
Many people equate privacy with “mixing” or “money laundering,” but in reality, privacy has a wide range of application scenarios: institutional market-making strategies, actions by celebrities such as CZ’s private addresses, DEXs, and even lending protocols, etc.;
pERC20 has a built-in cmxFrozenRoot freeze mechanism that supports compliant blacklists. For hackers, money laundering, criminal funds, and more, you can use $P20 governance to enable freezing—thus enabling auditable privacy. You don’t need to worry about compliance at all; compliance means it can accommodate institutional-level capital;
The working principle of pERC20 is: download all (optional partial) blocks, decrypt your own privacy assets locally:
Transfer request - Local proof - On-chain confirmation - Privacy asset sync - Local decryption
It involves zero centralized nodes;
Total supply of $P20 is 1 billion. The Genesis airdrop provides 8.3% of the total supply. A total of 1,470,463 addresses participated. So far, 86.19% has been claimed; the remaining 13.81% is waiting for the team to reallocate;
pERC20 is the first to be deployed on Monad. The combination of high performance + privacy is definitely worth期待. Currently, pERC20 is already compatible with EVM assets, the transfer feature is enabled, and you can trade via OTC. The official will soon release the $P20 private clob DEX—at that time, you’ll be able to trade $P20 ;
So if you buy into the privacy narrative, you can track pERC20’s progress early. There may be many opportunities to get early allocation. I’ll put links related to the project in the comments—if you’re interested, take a look. My goal is to get 0.1% of the allocation and wait for it to bloom;
Of course, the project is still at a very early stage, so many things haven’t been fully developed yet, and you may run into all kinds of issues. But the community and the team are very enthusiastic. You can join the community Telegram channel—the link is in the comments;
Later, I’ll release a dedicated episode on how to use a privacy wallet, sync assets, founders’ background, and more.
Privacy leader Zcash $ZEC hits consecutive all-time highs in price; FDV 16.57B;
Privacy infrastructure Interfold $FOLD goes live on Upbit; FDV 200M;
Meanwhile, the very early EVM privacy protocol pERC20 $P20 has just started—it’s an excellent timing to “lay in the weeds.” Ethereum co-founder Vitalik has repeatedly strongly recommended privacy protocols;
pERC20 is a new EVM privacy protocol built on the Zcash Orchard privacy protocol, and $P20 is pERC20’s native token. See the quoted tweet for details;
Main features of pERC20 (see image):
1⃣ Balances are not visible;
2⃣ Transfer details are not visible;
3⃣ It requires privacy-native applications to support it;
Many people equate privacy with “mixing” or “money laundering,” but in reality, privacy has a wide range of application scenarios: institutional market-making strategies, actions by celebrities such as CZ’s private addresses, DEXs, and even lending protocols, etc.;
pERC20 has a built-in cmxFrozenRoot freeze mechanism that supports compliant blacklists. For hackers, money laundering, criminal funds, and more, you can use $P20 governance to enable freezing—thus enabling auditable privacy. You don’t need to worry about compliance at all; compliance means it can accommodate institutional-level capital;
The working principle of pERC20 is: download all (optional partial) blocks, decrypt your own privacy assets locally:
Transfer request - Local proof - On-chain confirmation - Privacy asset sync - Local decryption
It involves zero centralized nodes;
Total supply of $P20 is 1 billion. The Genesis airdrop provides 8.3% of the total supply. A total of 1,470,463 addresses participated. So far, 86.19% has been claimed; the remaining 13.81% is waiting for the team to reallocate;
pERC20 is the first to be deployed on Monad. The combination of high performance + privacy is definitely worth期待. Currently, pERC20 is already compatible with EVM assets, the transfer feature is enabled, and you can trade via OTC. The official will soon release the $P20 private clob DEX—at that time, you’ll be able to trade $P20 ;
So if you buy into the privacy narrative, you can track pERC20’s progress early. There may be many opportunities to get early allocation. I’ll put links related to the project in the comments—if you’re interested, take a look. My goal is to get 0.1% of the allocation and wait for it to bloom;
Of course, the project is still at a very early stage, so many things haven’t been fully developed yet, and you may run into all kinds of issues. But the community and the team are very enthusiastic. You can join the community Telegram channel—the link is in the comments;
Later, I’ll release a dedicated episode on how to use a privacy wallet, sync assets, founders’ background, and more.