Developer Leo Glisic has formally released Privacy Guardians 2, according to a post on the Ethereum Magicians forum, and said the project’s design has been open-sourced. The system is framed as a decentralized privacy payment network built to maximize privacy for on-chain payments.
The announcement positions the project against centralized payment models that can be frozen or monitored, citing Corpo Consortium’s OUSD as an example. Glisic said the current V1 includes several core modules: a private payments mechanism, an insurance mechanism, honeypot design, exchange-rate management, liquidity pools, and metadata handling.
He also described the release as an early-stage version, saying there is still substantial room to improve cryptographic security, incentive alignment, and capital efficiency. Glisic called on the community to help refine the system. A white paper for the project has also been published on glisic.xyz.
Developer Leo Glisic has officially released Privacy Guardians 2 and open-sourced its design, according to the Ethereum Magicians forum.
The project is described as a decentralized privacy payment system aimed at maximizing privacy protection for on-chain payments. The release frames that goal as a response to centralized payment models that can be frozen or monitored, citing Corpo Consortium’s OUSD as an example.
V1 includes several payment and infrastructure modules
The current V1 version covers a private payments mechanism, an insurance mechanism, honeypot design, exchange-rate management, liquidity pools, and metadata handling.
Glisic said the version is still at an early stage. He added that the project still has significant room for improvement in cryptographic security, incentive alignment, and capital efficiency, and called on the community to participate in refining it.
The project’s white paper has also been published on glisic.xyz.
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