Privasea intern

@bankless @davewardonline

@davewardonline is a criminal

Privacy in Crypto Is Getting an Upgrade New privacy technologies are emerging: MPC, FHE, TEEs, and zkTLS. Each tackles privacy from a different angle — and major projects are building with them now. Here’s how these technologies work — and where they’re going👇 ~~ Analysis by @davewardonline ~~ Multi-Party Computation (MPC) MPC allows multiple parties to compute something together without revealing their inputs. Say six friends want to find their average salary without revealing individual amounts. Each splits their salary into six random shares and sends one to each person. Everyone holds a share from each person but can’t reconstruct any full salary. They compute on the shares, not the actual numbers. The results combine into the correct average without exposing inputs. MPC is useful when regulation or competition prevents data sharing, but joint analysis is beneficial. A common example: hospitals wanting to train AI models on private patient data without sharing it directly. ◆ Roadblocks for MPC — More participants mean more communication and computation, which slows things down. Blockchains can penalize bad actors but can’t eliminate the heavy resource costs. Who's Using MPC and for What? → @FireblocksHQ — Splits private keys for institutional custody → @arcium — Uses MPC for private AI and sensitive computing → @renegade_fi — Dark pool for confidential onchain trading Fully Homomorphic Encryption (FHE) FHE lets you compute on encrypted data without ever decrypting it. Normally, data is encrypted in transit but decrypted for processing. With FHE, encryption stays in place throughout. Imagine sending a locked safe with programmable gloves. You put private data inside, add instructions like “add these” or “sort this,” and send the safe and gloves to someone else. They perform the operations without opening the safe, then return it. You unlock it and see the result. ◆ Roadblocks for FHE — FHE is slow, 10–100x slower than other computation. Adding zk verification (zkFHE) ensures correctness but makes it even slower. FHE hides data but doesn’t prove the computation was done right. zkFHE fixes that at the cost of speed. Who's Using FHE and for What? → @zama_fhe — FHE tooling for encrypted smart contracts → @fhenix — Brings FHE to practical apps → @Privasea_ai — Uses FHE to train encrypted AI models → @octra — General-purpose chain with FHE-based compute and ML consensus Trusted Execution Environments (TEEs) TEEs are secure hardware zones that isolate data from the rest of the device, including OS and operators. iPhones use TEEs for biometrics. Face or fingerprint data lives in secure chips. When you authenticate, a new scan is compared inside the TEE, which returns a simple yes/no — no raw data leaves the chip. In crypto, TEEs are used for private contracts and block production. @unichain, Uniswap’s L2, uses TEEs to prevent exploitative MEV. ◆ Roadblocks for TEEs — TEEs rely on hardware vendors, making them centralized by crypto standards. They’re vulnerable to supply chain attacks or flaws, like the Intel exploit that compromised Secret Network’s TEEs. Who's Using TEEs and for What? → @SpaceComputerIO — Uses orbital TEEs for tamper-proof satellite nodes → @OasisProtocol — L1 running private EVM contracts inside TEEs → @PhalaNetwork — Confidential cloud using TEEs from various providers Zero-Knowledge Transport Security Layer (zkTLS) zkTLS merges TLS (used in HTTPS) with zero-knowledge proofs to verify data while keeping it private. TLS secures 95% of web traffic. zkTLS lets anyone prove facts from this data — like a bank balance — without revealing details. Say you want an onchain loan and need to prove your bank balance. A zkTLS tool accesses your bank over HTTPS, reads the displayed balance, and creates a proof. The DeFi lender sees that your balance exists but not the number or history. ◆ Roadblocks for zkTLS — It only works with visible HTTPS data. It depends on TLS standards staying in use and requires oracle involvement, adding latency and trust. Who's Using zkTLS and for What? → @zkp2p — Private on/off ramp → EarniFi — Lending to employees based on earned wages → @daisypayapp — Influencer payouts verified through zkTLS Each PET offers different strengths and trade-offs. Complex apps may use multiple — MPC for coordination, FHE for compute, TEEs for key storage. Many zkTLS tools incorporate other PETs internally. Together, these tools expand crypto’s design space. But adoption will hinge on improving the user experience of privacy itself. — h/t to @milianstx for his piece on, "WTF is MPC, FHE, and TEE?" which served as a great starter

Dev is cooking🧑‍🍳

He asked, “What is the meaning of life?” We said, “You’re a fish, buddy.” He said “blub.”

@Privasea_ai Are you thinkin what i'm thinking?

🚨 Important Notice All tasks in the ImHuman app will be removed on Monday, March 31, 2025. ⏳ If you have any incomplete tasks, make sure to finish them before that date - they won't be available after.

Comfiest encryption ever - thanks @fhe_org! 🤗

@Privasea_ai @BNBCHAIN

Hey @BNBCHAIN 👋

@Binance_intern As we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns — the ones we don’t know we don’t know.”

The biggest gains come from knowing, not guessing. DYOR.

Me: I can see the bottom, let me buy the dip! The bottom:

@Binance_intern @binance Let's agree to disagree

@binance Best Intern: 🏅 Intern

The community has spoken! With over 12,000+ votes, here are the top Crypto Personalities: 🏅 Most Influential: Satoshi Nakamoto 🏅 Changemaker: CZ 🏅 Best Builder: Vitalik Buterin 🏅 Top Podcast: The Pomp Podcast 🏅 Most Influential Woman: Elizabeth Stark Guessed 3+ winners? Your rewards are in Binance Campaign Hub! Read more about the results here 👉 binance.com/en/blog/commun…

I'm just gonna leave this here.... interpret at your own risk. 😅

@lynk0x Still more likely that ETH reaching 10 000$😂

Tik Tok investors predicting USDT to go to $5 Nice

@cz_binance @wiseadvicesumit @CoinMarketCap

@wiseadvicesumit @CoinMarketCap

So, @CoinMarketCap has a new feature about Alt Season. Of the top 100 altcoins, how many of them out performed bitcoin in the past 90 days. I think this is a tough ranking system. 50 is probably a really good score. 😄

@SHAFIUNUHU15 @Privasea_ai Good one 🤣

@Privasea_intern @Privasea_ai Minted and No minted

One of these can take you to the top. The other one… well, good luck. 😂 #Utility anyone?

@Privasea_intern To TGE, right?

Last few day 🫣

@binance @hasbulla

。 @hasbulla sat down with us for a quick This or That at #BinanceBlockchainWeek! ⚡️ Bullish or bearish? KFC or UFC? Watch to see what he picked! Catch more moments in the #BBWDocuseries here. 👉 youtube.com/watch?v=u6LkO3…

Intern job is like no job iykyk

@AhmadBMohammad3 @Privasea_ai

@Privasea_ai @Privasea_intern When listing