BlockBeats News, June 2nd, according to official sources, the hybrid crypto trading platform GRVT stated that the "Transparency vs Privacy" debate in on-chain transactions is never a zero-sum game. In fact, GRVT's architecture itself provides the answer. Users can maintain transparency without the need to disclose their transaction positions because the Zero-Knowledge Proof (ZK Proof) technology has already addressed this issue.
The specific approach is as follows: GRVT has built a transaction platform on a private Layer 2 network (ZKsync's Validium chain). This means that GRVT uses zero-knowledge proofs to validate off-chain data such as order size, price, holdings, and time — all of which are critical and confidential transaction strategy information. Subsequently, this data validated by ZK proofs is submitted to the Ethereum mainnet (L1) to ensure data integrity, which is a crucial foundation of blockchain transparency.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.