The reason why privacy has not really been adopted in crypto so far is because of friction. Friction caused by: - a lack of composability, - a lack of versatility, and - a lack of scalability. We are building Arcium to address all of these. Everything shall be <encrypted>
1. Lack of composability = encrypted state isolation. Blockchains are built for shared state execution. By isolating encrypted state and relying on local execution the core value proposition and design space of applications have been undermined. Arcium: encrypted shared state
2. Lack of versatility = limited design space. This overlaps with a lack of composability but is also caused by not allowing for general purpose computing while offering a standadized interpretation of what a token is. Arcium: general purpose encrypted execution + C-SPL
3. Lack of scalability = limited throughput. Even for simple applications like confidential transfers, millions of users and thousands of transactions per second are required – regardless of client architecture and state layout. Arcium can handle this and natively parallelizes
We do all of this while not compromising on trustlessness and security. By making it frictionless, encrypted execution becomes the superior form of execution offering a new multi-dimensional privacy design space.
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