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tryptophan | karma 2047 | avg karma 3.87 · 2021-02-09 15:12:40

Why would any bigger institution (like a bank) ever use a non-private chain where everyone can see how much they have and how much they sent to do transactions?

Blockchain is being taken up by banks, with projects such as r3-corda, but is is a private chain, with no shitty "coin" for morons to speculate on and thus gets no attention.

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hanniabu | karma 4817 | avg karma 1.3 · 2021-02-09 15:16:05+00:00

Ethereum will allow for private transaction so institutions can conduct business on it in an opaque manner.

tryptophan | karma 2047 | avg karma 3.87 · 2021-02-09 15:33:22

I'll believe it when I see it. Right now it seems like nobody cares about privacy in the ethereum space.

hanniabu | karma 4817 | avg karma 1.3 · 2021-02-09 16:34:53+00:00

What are you talking about? There's tons of advocation for privacy.