“who wins privacy?”
- not privacy coins → v isolated and limited by regulations
- not consortium chains → private but siloed (useful, not scalable)
- not FHE → powerful but too early (feature, not foundation???)
whoever gives devs and institutions privacy + verifiability + interop without ruining UX or compliance wins
also
- regulatory survivability (selective disclosure, auditability)
- dev UX (EVM or widely used stacks)
- performance (near instant + cheap)
- network effects (assets/liquidity where users already are)
product closest to that is @zksync prividium
the winning architecture is ZK rollups with selective disclosure (private when you need it, public-verifiable when you must)

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