馃敀 That Embarrassing NFT
馃敀 That Embarrassing NFT
馃檲 Your crypto secrets exposed
Your wallet is an open book. Every transaction, balance, and yes - that 2021 NFT purchase - remains visible to everyone.
Inco Network tackles this transparency problem using TEE/FHE technology for private payments and governance.
Key privacy solutions:
- Private balances and AMM transactions
- Confidential governance voting
- Encrypted data types for developers
- Wrapper contracts for USD tokens
Privacy vs. compliance remains crucial - the approach focuses on confidentiality rather than anonymity, meeting regulatory needs.
The Confidential Token Association works on standards while adoption grows from payments to DeFi primitives.
Main challenges: UX trade-offs and developer adoption barriers.
Blockchain transparency was a feature, but for traders, businesses, and users wanting financial privacy, it's become a significant limitation.
Your wallet balance is public. Every transaction you make is public. And yes, even that embarrassing NFT you bought in 2021 is still there for everyone to see. @remi_gai from @inconetwork explains how they use TEE/FHE for private payments, governance, and other privacy-first
Scroll Launches USX: ZK-Powered Neodollar with Privacy and 12% Yield
**Scroll announced USX**, the first ZK-powered "neodollar" - positioning it as more than just another stablecoin. **Key Features:** - ZK proofs for security and verification - Cloak technology for privacy - Gasless transactions - Spendable through payment partners - **~12% yield** through tradfi and defi strategies **What makes it different:** USX aims to function like physical cash but with added benefits - usable, private, and productive. The combination of features is currently only possible on Scroll's network. **Timeline:** - Pre-deposits launching soon - Full integrations rolling out Q4-Q1 - [Waitlist available](https://scroll.link/usx) Scroll positions USX as "a better dollar" that users can actually use, keep private, and earn rewards from.
Vibe Code Camp V2 Opens Applications for Web3 Builders
**Vibe Code Camp V2** is now accepting applications for builders ready to transform wild ideas into reality. The program welcomes **unconventional projects** - even quirky concepts like Japanese toilet trackers are encouraged. Key details: - Open to web3 builders with creative visions - Focus on rapid development from concept to launch - Emphasizes creative freedom and cost efficiency - Applications have a **limited window** This follows the success of Vibe Coding, which has proven to accelerate project development while reducing costs in the web3 space. [Apply now](https://openeconomy.xyz/vibecodecamp) before the deadline closes.
Scroll Launches 7-Week Delegate Training Program
Scroll has launched a comprehensive Delegate Accelerator program to train the next generation of effective DAO delegates. The 7-week curriculum includes: - Interactive workshops - One-on-one mentorship with veteran delegates - Practical experience through mock voting - Skill-building through gamified challenges **Key Details:** - Application deadline: June 23rd - Program focus: DAO governance and delegation - Goal: Building the Open Economy [Apply for the program here](https://app.deform.cc/form/5e670c2f-179c-4041-a37c-037216e5b8c2/?page_number=0)
Tempest Finance Launches AI-Powered Vaults on Ambient Finance
Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.