Privacy and Public Blockchain

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Do you want privacy? If yes, you would lock your doors and data. You won't be doing the things in public that you would want anyone to get traced. And in such case it's reasonable to handle privacy using the private means.

Like say private chains would keep data hidden from public. Private keys and the private tokens would keep the respective data and the information locked. Whatever you choose to do, make sure that public data is not about your important stuff, if you go by that route, things would go wrong.

Ethereum is choosing the encryption and the zk system for the privacy. And that would soon be helping people who use the smart contract and also the amount of the privacy related private chain would fix some of thsoe things. Some ways that can make things easier for people who use blockchain.

You would see that privacy has been the debatable topic and we are not going to argue on the things that would be affecting the privacy of people. Instead we have to be thinking properly in case of the blockchain insuch a way that our govt would offer us both the privacy and security. Because we don't want our wallets on blockchain showing our historical income.

As you can see the public chains should contain different data and the blockchains that make use of the private data would be specific to the wallets and the other items that would be a lot better choice on case by case basis for the users who plan on making the privacy centric data.

What do you think?



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