Midnight at Consensus 2025 and I’m stuck on this one idea:
“Privacy meets real infrastructure.”
Sounds powerful. Also sounds dangerous.
I want privacy in crypto to work, like a seatbelt, something you don’t think about until you need it. But every time I hear the pitch, I can’t ignore the questions:
Does it scale, or just demo well?
What are the tradeoffs they’re not highlighting?
What happens when it breaks?
Who’s accountable?
Because privacy isn’t free. It never is. You pay in complexity, performance, trust assumptions, or something else down the line.
There’s real effort here, you can see it. But crypto has a habit of turning “almost there” into “never quite.”
So yeah, I’m interested. But I’m watching closely.
Curious, not convinced.