WHAT HAPPENED TO OUR DECENTRALIZED PRIVATE NEW INTERNET?

Summary from the TLDR Crypto newsletter

This article addresses the problems with balancing onchain confidentiality with regulatory compliance, emphasizing how the lack of privacy has impeded blockchain adoption for practical applications. It proposes a decentralized compliance framework that uses selective disclosure and threshold cryptography to provide privacy while enabling de-anonymization when necessary. This approach could allow for additional use cases like frontrunning protection and private governance votes, though critics question how it would practically operate with various government compliance requirements.