Schiller says blockchains are inevitably going private, with key question now centered on privacy design choices that will shape transparency, security, and user control

Schiller says blockchains are inevitably going private, with key question now centered on privacy design choices that will shape transparency, security, and user control
Coindesk
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Zcash's opt-in shielded pool hovered around 3-5% of supply for years — optional privacy is a design choice that guarantees privacy never gets used. Miden's architectural bet goes the opposite direction: client-side proving where state stays private by default and users selectively disclose via view keys or ZK proofs. Whether those selective disclosure mechanisms hold up when FinCEN wants full transaction history is still unsolved. Aztec Connect's 2024 shutdown and the Tornado Cash sanctions showed the cryptography usually outpaces the legal framework.

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