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Elusiv: Enabling Private Token Swaps on Solana (w/ Nico, co-founder)

Solfate Podcast · 2024-03-01 · 55 min

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Topics in this episode

blockchainSolanainterviewscrypto

Episode notes

A conversation with Nico, the co-founder of Elusiv. ️‍ Click here to mint this episode as an NFT on Solana - solfate.link/mint46 Full show notes: solfate.com/podcast/46 Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :) Notes from the show Elusiv is a privacy protocol built on Solana that allows users to conduct private transactions while remaining compliant. The transaction fees for using Elusiv are relatively low, making it an affordable option. The combination of privacy and compliance makes Elusiv a valuable tool for individuals and businesses. In this conversation, Nico shares his crypto origin story and how he transitioned to working on Elusiv, a privacy solution for blockchain. He explains the concept of zero-knowledge technology and how Elusiv incorporates compliance into its privacy solution. The technical details of Elusiv's privacy solution, including the role of Warden nodes and homomorphic encryption, are discussed. The incentive mechanism for running Warden nodes and the cost and fees associated with using Elusiv are also covered. Takeaways Elusiv is a privacy solution for blockchain that incorporates compliance.

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