2/ Bitcoin (and Ethereum) were invented as an attempt to create money that is not subject to the control of the central authority
Wherever there is money, there will be financial products and systems built around it. This explains the interest behind #DeFi
But, there’s a catch
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3/ Ethereum’s DeFi may (arguably) lack a central authority but also lacks privacy. Major financial players won’t sign up for that. They don’t want every transaction they perform to be known Aztec aims to solve that by adding confidential transactions later private transactions
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4/ This goal depends on a secure and honest ignition of the Aztec protocol. Given its importance to privacy, we decided to pay our dues to the community and participate in securing the protocol.
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