A lot of L1 are launched but they lack the privacy now a days. And over the period of time the transfers of the funds through the L1 chains met the cyber security people and the downfall of the privacy was there. Now govt also jumped on the crypto and investing in tools to get privacy out.
This is something many projects intend to solve by adding the rollups and the privacy layers. And in case of Solan this is done using the ORE and the Privacycash. Which would protect your solana investment and not let you fall through transaction privacy issues.
Privacycash is a player in this which is making use of the ZK and the shielded pools to add more privacy and security to the Solana. And this would make it easier for the Solana users to work on the privacy side of the transactions. This works on all the deposits and withdrawal in the protocols so it's a good direction that projects on Solana are taking these days.
ORE app intended to use this feature for the USDC, ORE, SOL and USDT transactions. Which is the most common type of the transactions in the network. This would improve the native store of value. And would bring more investors who value the privacy and make sure to store their funds.
Let's see where these transactions with the ZK based pools take Solana ahead or dormant.
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