With the recent surge in interest about privacy tokens such as ZCash, Tezos’ Sapling technology can aim at reaching a huge number of users.
Recently, projects like Shield Bridge and Umami Wallet have shown Tezos’ capabilities regarding shielding transactions, which is cool!
I’m not a privacy expert, but I know that in order to have a functional shielded “blockchain”, users must not be easily traced when operating, in particular when depositing/withdrawing.
Beside the current (very) little usage on Tezos, I see a problem with having multiple competing products: fragmented shielded liquidity across smart contracts.
I noticed that the devs are working on “native/enshrined smart contracts”. I was wondering if they could be used to create a protocol-level smart contract (or multiple) that can be used by other services to provide shielded features.
Something like a global “pool” for liquidity and, if that’s possible, a shielded DEX smart contract.