“dummies guide to encrypt(dot)trade” an explanation of @encifherio, in (very) simple terms.
encrypt(dot)trade is a privacy engine for @solana. it lets you trade, send, swap, lend, whatever - without exposing your wallet, amounts, or strategy.
solana is fast but everything you do is basically public. encrypt(dot)trade fixes that by turning your tokens into encrypted spl tokens (etokens) that hide balances + transfers.
how? simple version: wrap tokens → get etokens - your amounts get encrypted - blockchain sees only tiny encrypted pointers - real math happens in a secure co-processor - you get private balances back nobody can link your actions.
example: you wrap $1000 @USDC swap $230 privately through @JupiterExchange unwrap whenever you want on-chain? people only see encrypted state changes. no one knows what you traded or who you paid.
is it just another mixer? nope. there’s no giant pool, no tornado vibes. encrypt(dot)trade uses: - threshold encryption - zero-knowledge proofs - secure hardware (TEEs) - ephemeral accounts - off-chain encrypted state access privacy WITHIN your favourite apps
so, what's possible? pretty much all of defi, but private: - private swaps on @JupiterExchange - private transfers (payroll, vendors, friends) - private lending using @kamino - private treasury ops using @SquadsProtocol - private governance - private trading strategies on @DriftProtocol same solana speed. invisible trail.
compliance is sorted encrypt(dot)trade bakes it in: - geo-blocking - wallet screening - sanctions checks - indirect exposure checks - building on-chain attestations with @0xPredicate & @MerkleScience users stay private. venues stay safe. regulators chill.
best practices: treat it like an exchange: - wrap more than you plan to trade - don’t wrap → swap → unwrap instantly - stagger unwrapping - vary sizes + timing - use fresh addresses more entropy = more privacy.
tldr encrypt(dot)trade is solana’s encrypted execution layer. you wrap → trade privately → unwrap when ready. no one sees your amounts, wallets, or strategy. full privacy, full speed, full compliance.
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