Mark your calendar Q4 is going to be huge shielded mode on🛡️
Fhenix goes mainnet this October.
For years, transacting onchain came with a tradeoff: participate in open, composable markets and, with it, surrender the privacy of your financial activity.
Dual mode turns what was once an inevitable tradeoff into a property of your asset itself.
For the first time, the same asset can be public when you want and confidential when you need- without sacrificing composibility or fragmenting liquidity.
The era of dual mode money is here, more soon.
Onchain trading used to mean everyone could see what you were doing.
With Sedona, you can draw the shades and trade in peace.
Private spot trading with balances and trade amounts encrypted onchain through @Fhenix CoFHE on @Arbitrum.
With your activity encrypted and block explorers no longer looking over your shoulder, you can trade like nobody’s watching.
Because no one is.
Privacy is becoming the norm, because it needs to be.
Sedona is building for exactly that imperative.
A place where private spot and private perps will be mathematically sealed by @Fhenix CoFHE on @arbitrum.
privacy coins are now worth over $33B,
up 213% since last year’s October Bitcoin peak.
it’s even more interesting when you look at the numbers.
➢ the privacy sector is now worth over $33B.
➢ privacy gained around 90% in the past month.
➢ privacy assets excluding ZEC are still up 56%.
privacy grew from $7.1B to over $33B in a year.
that’s more than $26B added to privacy coins.
and Zcash has obviously been one of the biggest drivers.
ZEC is up over 2,400% in the past year.
and it now accounts for a significant share of the entire privacy market.
but this isn’t just a Zcash rally.
if you remove ZEC completely, privacy is still up 56% since last year.
it is also up around 85% over the past year.
with that you’d know there is serious motion going on.
and more ecosystems are adopting privacy.
@monero, @Dashpay and @horizenglobal have also been putting up strong performances.
➥ @monero has also been benefiting from growing anticipation around FCMP++.
its major privacy upgrade aimed at pushing Monero’s privacy architecture even further.
➥ @Dashpay has also been building around utility and privacy.
recently ungraded its shielded transaction
also it launched Maya Swaps and Dash-to-Anything.
this has given the network more than just a privacy narrative to trade on.
➥ @horizenglobal has also been going through a major transition.
after relaunching as an L3 on Base, it has been expanding its focus around ZK tech and confidential computing.
this growth didn’t come by just market sentiments.
it’s a result of the active upgrades and adoption going on.
we have seen so many debates on privacy.
really glad to see that it’s becoming the norm.
The financial system has always known where your money is.
That ends with Sedona.
Traditional finance exposes everything.
Web3 made it worse with every wallet, every trade and every position visible to anyone with a block explorer.
Previous privacy solutions gave you privacy but cut you off from liquidity, utility and the broader ecosystem.
Most people chose utility.
Sedona is built on the premise that trade-off was never necessary.
Choose privacy with sedona.fi
Your money stays your money and nobody else's business.
Encrypted by @Fhenix CoFHE on @arbitrum so it can keep moving while staying completely private
This is dual mode.
Same account. Two truths.
Every Sedona trade settles publicly on the blockchain.
What settles is ciphertext: the math checks out, the amounts stay locked.
The crowd sees the proof. Not the position.
sedona.fi
Sedona is building on @fhenix because privacy matters even more as trading moves on-chain 🤝
Funny how quickly "crypto is dead" changes when BTC starts moving again. Regardless of where the market is, onchain trading keeps taking share, and privacy matters more as trading moves on-chain.
Sedona building on Fhenix is exactly the kind of partnership we want @SedonaFi
Sedona retweeted
Funny how quickly "crypto is dead" changes when BTC starts moving again. Regardless of where the market is, onchain trading keeps taking share, and privacy matters more as trading moves on-chain.
Sedona building on Fhenix is exactly the kind of partnership we want @SedonaFi