On-chain transactions have a very real problem: before your transaction is even executed, someone else may already know what you’re trying to do.
I’ve been keeping an eye on Nillion lately, and I think its Covenants are pretty interesting.
Put simply, they let you encrypt transaction instructions and place them on-chain in advance. The instructions are only unlocked once specific conditions are met. That way, your trading strategy doesn’t have to be exposed to everyone ahead of time.
Dusk has now officially launched on Ethereum mainnet, marking the first step in Nillion’s seven-stage roadmap.
Personally, I’m more excited about what comes next: Darkfall and Nightside. One will extend Covenants to more chains, while the other will make trigger conditions more flexible.
But making the technology work is one thing; whether people will actually want to use it over the long term is another.
For me, what’s most worth watching next isn’t the short-term price, but whether Covenants can power applications that people genuinely need.$NIL
#NIL @Nillion
#nil $NIL @Nillion
I’ve been keeping an eye on Nillion lately, and I think its Covenants are pretty interesting.
Put simply, they let you encrypt transaction instructions and place them on-chain in advance. The instructions are only unlocked once specific conditions are met. That way, your trading strategy doesn’t have to be exposed to everyone ahead of time.
Dusk has now officially launched on Ethereum mainnet, marking the first step in Nillion’s seven-stage roadmap.
Personally, I’m more excited about what comes next: Darkfall and Nightside. One will extend Covenants to more chains, while the other will make trigger conditions more flexible.
But making the technology work is one thing; whether people will actually want to use it over the long term is another.
For me, what’s most worth watching next isn’t the short-term price, but whether Covenants can power applications that people genuinely need.$NIL
#NIL @Nillion
#nil $NIL @Nillion
