Launchpads Make You Show Your Whole Bag ๐ฏ
Qualifying for an allocation tier means proving what you hold, and every launchpad does that by making you show all of it.
Serious money is going into fixing this, and $ZAMA raised over $118M at its token auction this year to run computations on data that stays encrypted the whole way through.
Their route unlocks the data for an approved party at the end, which works and still leaves a readable copy somewhere.
Going fully dark does not work either, and $XMR holds about $7.46B at rank sixteen because people want unreadable balances, but an unreadable balance cannot qualify you for anything.
So you either publish your bag to get an allocation or you hold something no launchpad can check.
Midnight answers only the question being asked, so a contract confirms you clear the tier without listing what else you own.
The same proof covers a whitelist, a gated mint or a rewards tier, because all three are the same question from different projects.
Every allocation you ever qualified for told that project how big you are, and none of them will keep needing to once a proof can answer instead.
#Privacy #Altcoin Season#
Qualifying for an allocation tier means proving what you hold, and every launchpad does that by making you show all of it.
Serious money is going into fixing this, and $ZAMA raised over $118M at its token auction this year to run computations on data that stays encrypted the whole way through.
Their route unlocks the data for an approved party at the end, which works and still leaves a readable copy somewhere.
Going fully dark does not work either, and $XMR holds about $7.46B at rank sixteen because people want unreadable balances, but an unreadable balance cannot qualify you for anything.
So you either publish your bag to get an allocation or you hold something no launchpad can check.
Midnight answers only the question being asked, so a contract confirms you clear the tier without listing what else you own.
The same proof covers a whitelist, a gated mint or a rewards tier, because all three are the same question from different projects.
Every allocation you ever qualified for told that project how big you are, and none of them will keep needing to once a proof can answer instead.
#Privacy #Altcoin Season#
