My mother worked as an accountant for an international food company for 30 years. Now that she has retired, she has received a bonus of over $42,000.

I asked her what she planned to do with the money.

She said she wanted to bid on an apartment to rent out. She asked me to do some research for her.

I spent a day looking into an auction for a 62-square-meter apartment in the western part of the city, priced at $52,000. The problem was that everyone seemed to want this apartment. The competition was fierce, and I realized that simply offering a higher price wasn’t necessarily the smartest way to win.

That reminded me of Nillion, a project I had looked into before.

Covenant: Sometimes, keeping your plans to yourself matters.

Think about the apartment auction. If everyone knew the maximum price I was willing to pay, they could use that information against me. I would rather keep my limit to myself and let the bidding play out.

That’s the basic idea behind Covenant. It lets users put encrypted instructions onchain and tie them to specific conditions. The details stay hidden while the instruction waits to be triggered.

For traders, this could be useful for orders or strategies they don’t want everyone watching before execution. Public blockchains make transactions transparent, but that transparency can also expose too much about what someone intends to do.

Dusk: Something you can actually build on.

What caught my attention is that Nillion has moved beyond talking about the idea. Dusk, the first release of Covenant, is live on Ethereum mainnet. Developers can create Covenants, run nodes, or build with the SDK.

It’s the first stage of a seven-era roadmap extending toward 2028, so there is more to watch as the project develops.

I haven’t found my mother an apartment yet, but the research reminded me of something: in an auction, knowing when to act matters. Sometimes, keeping your strategy private matters just as much.

That’s why I’m keeping an eye on Nillion.

#nil $NIL @Nillion $BTW $BAT @Nillion