OTC trading should indeed be done this way. The most interesting part is that it completely separates transparency and privacy.
The logic of the Miden solution is very clear: on-chain data is fully verifiable, transaction records and price information are transparent and accessible, but your identity information is completely hidden. Market participants know what happened but do not know who was involved.
This is how privacy should return—not to evade regulation, but to allow both parties in a transaction to maintain their own private space. Market transparency and personal privacy are not mutually exclusive.
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MiningDisasterSurvivor
· 2h ago
It sounds good, but I've been through it all. The privacy coin projects in 2018, weren't they eventually delisted by exchanges and scrutinized by regulators? Now Miden's "transparent + privacy" solution sounds like it's trying to play a risky game. On-chain verifiability ≠ security, and hiding identities in the eyes of the US SEC is considered malicious. Let's see the true test in the bear market.
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tx_pending_forever
· 01-08 10:34
Alright, finally someone has explained this thoroughly—transparency and privacy are not fundamentally opposed.
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GasFeeSobber
· 01-08 09:57
Balancing transparency and privacy is indeed rare, but can this logic withstand real-world testing?
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BuyHighSellLow
· 01-08 09:51
Haha, this is the Web3 I want—transparent data, hidden identities, absolutely amazing.
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LeverageAddict
· 01-08 09:46
Honestly, this idea is really brilliant. I never thought transparency and privacy could be balanced like this.
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FreeMinter
· 01-08 09:45
Can transparency and privacy be separated? That's a brilliant idea; finally, someone has clarified this issue.
OTC trading should indeed be done this way. The most interesting part is that it completely separates transparency and privacy.
The logic of the Miden solution is very clear: on-chain data is fully verifiable, transaction records and price information are transparent and accessible, but your identity information is completely hidden. Market participants know what happened but do not know who was involved.
This is how privacy should return—not to evade regulation, but to allow both parties in a transaction to maintain their own private space. Market transparency and personal privacy are not mutually exclusive.