Swayam
4.9K posts
@DevSwayam tbh running a zk-dex in India is impossible once you start getting volume. You'll be govts enemy number one
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5 years from now every project will have to have (i) privacy, and (ii) post-quantum security.
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A few clarifications:
> We do not custody user funds. RocketX is a routing layer. Settlement and compliance checks are handled by our regulated liquidity partners.
> We are not claiming government-proof or surveillance-proof privacy. Our goal is compliant privacy, not absolute anonymity.
> The privacy benefit comes from preventing easy public linkage between source and destination wallets through our routing flow. That's very different from saying nobody can ever access information under a lawful process.
Some users prefer privacy pools and mixers.
Others prefer a compliant solution that can access regulated liquidity while still improving on-chain privacy.
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Every privacy solution has tradeoffs.
Some solutions rely on privacy pools and mixers. They are fully on-chain but introduce smart contract risk, pool risk, and compliance challenges.
RocketX takes a different approach.
We use regulated liquidity providers and proprietary routing to break the link between source and destination wallets without requiring user KYC.
No privacy pools.
No coin mixing.
No smart contract privacy pool risk.
The goal is simple:
Give users practical privacy while staying compliant and scalable for wallets and mainstream adoption.
Swayam@DevSwayam
@0xkrishu Routing money through a CEX doesn't provide self-sovereignty or privacy; it's essentially no different from going through the government
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@DevSwayam @RobertZarembaIT Crazy it took almost 2 years for this work to clear a T1 conference. Just shows how broken academic publishing is tbh.
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Ethereum needs to provide network effects for its L2s
For the rollup-centric roadmap to work out economically, Eth L1 needs to provide network effects so that it is a no brainer to deploy an L2 on Eth. A DA service provides no network effect (read the quoted tweet from Doug on why).
Two candidate services that can provide network effect:
(1) Based sequencing, which provides composability & censorship resistance.
(2) *Stronger* shared settlement, one where L2-issued assets are also usable on other L2s to remove silos (e.g. via reverse canonical bridges).
Providing network effects means that the L1 can charge without losing demand, since there's a cost for switching out of the network. (Better yet, (1) has additional stream of value accrual, due to priority fees.)
This is not new to the community (sorry for stating the obvious). There are commercial projects, both established ones and new or in-stealth startups, as well as community efforts for enshrined protocols.
Doug Colkitt@0xdoug
1/ This is good analysis and the most plausible bull case for DA. But I think the part that will definitely not come true is DA ever getting close to 50% of L2 fees. There are structural economic reasons why sequencing will always accrue way more value than DA...
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@RobertZarembaIT I don't think Bitcoin need network effect beyond trust-minimized bridging, which will be solved by BitVM2, OP_CAT, etc.
Ethereum ecosystem needs network effect because that's why it succeeded in the first place.
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@alexeiZamyatin Very dumb question, but how is this different from what Babylon Labs' bridge does?
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The BitVM2 paper has been accepted at #USENIX 2026, one of the big four academic security, privacy & blockchain conferences.
The BitVM2 paper will serve as basis for Bitcoin rollup & bridging research for the years to come.
usenix.org/conference/use…
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1 year at @juspay
A year of storyboards, iterations, motion experiments, and learning how to turn complex ideas into simple visual stories.
Here’s a quick showreel of some of the work I’ve created along the way.
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