#nil $NIL @Nillion People usually imagine blockchain privacy as a way to hide who sent money or how much.
But what rarely gets attention is what happens next: what people are planning to do.
The problem with total transparency is that your next move can be visible before you make it. Even your intent to buy or sell can be exposed to anyone watching the chain Maybe that's part of why it sometimes feels like the market moves against your trades. Others may be able to anticipate your moves, copy your strategy or act on that information first
That's what sets @Nillion apart. They're working on the idea of Encrypted Markets, where the focus isn't only on the transaction, but also on protecting the instructions and conditions behind market activity.
They use a primitive called Covenants, which lets you seal an instruction to a condition. It stays encrypted while waiting, then decrypts and executes when that condition is met, without a single trusted party holding the key🗝️
Here's another question that comes to mind: if nobody holds the key, how does execution actually happen?
The first release, Dusk, is already live on Ethereum mainnet, but it's only the beginning. The next phases plan to expand Covenants across multiple EVM chains, then go further by allowing a condition on one chain to trigger settlement on another.
As Nillion puts it “Privacy shouldn’t stop at one” That's the bigger vision behind Encrypted Markets.
I'd like to see how far this approach can go. Privacy shouldn't just mean hiding what happened. It could also mean protecting what you're about to do.
$NIL #NIL
But what rarely gets attention is what happens next: what people are planning to do.
The problem with total transparency is that your next move can be visible before you make it. Even your intent to buy or sell can be exposed to anyone watching the chain Maybe that's part of why it sometimes feels like the market moves against your trades. Others may be able to anticipate your moves, copy your strategy or act on that information first
That's what sets @Nillion apart. They're working on the idea of Encrypted Markets, where the focus isn't only on the transaction, but also on protecting the instructions and conditions behind market activity.
They use a primitive called Covenants, which lets you seal an instruction to a condition. It stays encrypted while waiting, then decrypts and executes when that condition is met, without a single trusted party holding the key🗝️
Here's another question that comes to mind: if nobody holds the key, how does execution actually happen?
The first release, Dusk, is already live on Ethereum mainnet, but it's only the beginning. The next phases plan to expand Covenants across multiple EVM chains, then go further by allowing a condition on one chain to trigger settlement on another.
As Nillion puts it “Privacy shouldn’t stop at one” That's the bigger vision behind Encrypted Markets.
I'd like to see how far this approach can go. Privacy shouldn't just mean hiding what happened. It could also mean protecting what you're about to do.
$NIL #NIL