The most beautiful part of @EIP7503 is that private transactions are utterly indistinguishable from usual transaction especially about the native token. If it's merged to the core, nobody knows the real TVL of EIP7503. Just crazy.
Before we launched Intmax's mainnet, I was wondering how to do the same thing of it. I was a big fan of Lightning Network so I wanted the same feature. How to hide even a fact a person is using a privacy protocol. It's a meta privacy. I could not come up with it at that time.
Actually if you want to use this mechanism to dapps, we need one more step since depositors and withdrawers are not same people, and they need to tell secret values. If you use vetkey of ICP, you can solve this.
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