<Why is the crypto market so great>
I'm sure everyone has forgotten, but let's think back to two weeks ago. James, who was famous for his high-magnification long/short in Hyperliquide, was liquidated in a row. The problem was that all transactions on @HyperliquidX were tracked on-chain. @cz_binance even said that Puffdex needs Dark Pool.
But yesterday, @celestia and @hibachi_xyz came up with a solution. In two weeks. What happens if we verify the central limit order book (CLOBs), the system where we place limit orders, with ZK Proof by @SuccinctLabs, and store it in Celestia's private DA? Like HyperLiquid, you can keep the on-chain characteristics while maintaining privacy. It made up for the shortcomings of HyperLiquid.
I feel it every time I see something like this, and I think it's really amazing that when a problem breaks out in the market, a solution comes out in such a short period of time.
Introducing the Wynn Upgrade
A privacy-first architecture for Hibachi, built with @celestia underneath and @SuccinctLabs
A high-performance CLOB with ZK proofs, the first to publish encrypted state on Celestia Private DA
if we ever rug (we won’t), you can still get your funds out
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