Ethereum researcher Leo Glisic published a new proposal, titled "Privacy Guardians 2.0," on a research forum on July 17. The proposal outlines a replacement approach for corporate-controlled onchain payments, using a Privacy Guardians-based design instead. Its stated goal is to make onchain payments as private as possible while keeping them operational onchain. According to the proposal description, the system is built as a multi-component architecture in which several modules interact with one another. Those components include a private payment mechanism, an insurance mechanism, a honeypot and claims process, exchange-rate handling, liquidity pools, and metadata management. The proposal frames the design as an attempt to balance privacy preservation with onchain execution, rather than moving payment activity away from the chain. No additional implementation timeline or deployment details were provided in the brief announcement.
Ethereum researcher Leo Glisic published a proposal called "Privacy Guardians 2.0" on a research forum on July 17, setting out a replacement model for corporate-controlled onchain payments.
The proposal is aimed at making onchain payments as private as possible while still keeping them onchain. According to the description, the system uses a multi-component architecture with interacting parts, including a private payment mechanism, an insurance mechanism, a honeypot and claims process, exchange-rate handling, liquidity pools, and metadata management.
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