In this episode, Austin chats with Mert about why privacy is becoming essential for crypto and on-chain finance. They discuss how ZK-based privacy works via shielded pools, commitments, proofs, and nullifiers, contrasting it with Monero’s probabilistic obfuscation. Mert explains Zcash’s renewed adoption through improved usability, macro and regulatory shifts, and fairer historical distribution. He argues privacy layers fail when they lack tangible benefits, and outlines a new fully on-chain, composable, atomic privacy protocol for Solana built with Light Protocol’s compression approach, including permissionless and enterprise “zones” with configurable compliance features and reduced MEV via encrypted swaps.
00:00 - Why Privacy Matters
03:05 - Zcash And ZK Origins
06:26 - How Shielded Pools Work
09:56 - Why Zcash Broke Out
15:52 - Why Privacy Layers Fail
19:47 - Solana Privacy Protocol
22:57 - Composability Breakthrough
25:51 - Go-To-Market Plan
30:50 - Compliance And Zones
32:40 - Onchain Versus Off Chain
34:58 - Zcash And Solana’s Future
40:29 - Bitcoin Privacy And Quantum
43:48 - Closing And Where To Find
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