As expected, Aster Chain has officially launched,
https://www.asterdex.com/en/rocket-launch
This is a small step for Aster,
but it's a significant step in defining a new era of on-chain privacy and transparency.
First, let's talk about DeFi transparency; this is actually a double-edged sword:
Public protocols are a good thing, but exposing every order, position size, and liquidation price to your competitors... isn't that just giving a green light to 'position sniping'?
The results are polarized; it's extreme, but it's also a distinction.
This Layer 1 is tailored for traders,
Bringing institutional-level privacy protection to professional traders worldwide,
Aster Chain's default privacy mechanism is online, ending the era of sniping,
Privacy is a basic right, according to your thoughts.
Simply put, let's talk about the execution layer:
Zero-knowledge verifiable encryption + stealth addresses: encrypt before orders are on-chain, wallets and transactions are completely stealth, want to track from third parties? No way;
Selective disclosure: those who want to show their operations can make them public; those who want privacy can generate a “Viewer Pass” to show only trusted people～
Zero performance compromise! Peak over 100,000 TPS, median block 50ms, no gas fees, speed is incredibly fast, CEX-level experience is fully maximized!
Looking back at what Boss Leonard said:
“Your position is someone else's opportunity”
“Your position is someone else's opportunity”
“Position hunting is a design trade-off, not a behaviour problem Transparent order books are not inherently bad;”
"Position hunting is a design trade-off, not a behaviour problem; transparent order books are not inherently bad;"
“But the trade-off is that when you make every trader's liquidation price public, you've also created a financial incentive for others to attempt to trigger it.”
"But the trade-off is that when you make every trader's liquidation price public, you've also created a financial incentive for others to attempt to trigger it."
I fully agree, the traders most affected by this are not small retail investors.
They are the ones making the largest and most important trades, and it is this trading volume that drives the growth of DEX.
And now, many of these traders remain in CEX precisely because they cannot afford to expose their trading strategies to the entire market.
This reflects the trade-off.
Platforms that should grant traders more freedom inadvertently push some of the most serious participants back to CEX, because at least in CEX, your positions won't be seen by competitors.
"Privacy is a right "
"Privacy is a right"
Next, let time verify it.