#nil $NIL @Nillion **The silhouette problem**
You catch yourself chewing on that snack a second longer because the assumption just broke. Encrypted markets sounded like the whole footprint should vanish. What actually arrived is tighter: the order itself goes dark, the fact that an order was placed does not. Timing, address, gas paid — still sitting there in the clear on L1.
That is the clean cut. One side of the line protects the content of the instruction. The other side would protect the fact that any instruction exists at all. Right now only the first side is sealed. A limit price stays hidden. The signal that size is about to move stays visible.
Later phases may shift that balance, or they may decide the silhouette is an acceptable cost for getting the cryptography live first. Either way, the practical question for anyone running real size is simple: does the outline alone give the other side enough to lean against you, or is the encrypted payload the only thing that ever mattered?
The product is honest about which problem it solved first.
$NIL
You catch yourself chewing on that snack a second longer because the assumption just broke. Encrypted markets sounded like the whole footprint should vanish. What actually arrived is tighter: the order itself goes dark, the fact that an order was placed does not. Timing, address, gas paid — still sitting there in the clear on L1.
That is the clean cut. One side of the line protects the content of the instruction. The other side would protect the fact that any instruction exists at all. Right now only the first side is sealed. A limit price stays hidden. The signal that size is about to move stays visible.
Later phases may shift that balance, or they may decide the silhouette is an acceptable cost for getting the cryptography live first. Either way, the practical question for anyone running real size is simple: does the outline alone give the other side enough to lean against you, or is the encrypted payload the only thing that ever mattered?
The product is honest about which problem it solved first.
$NIL