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Elusiv: Enabling Private Swaps on Solana (w/ Nico, co-founder)

Solfate Podcast
Solfate Podcast

Feb 28, 2024

A conversation with Nico, the co-founder of Elusiv.

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Elusiv: Enabling Private Swaps on Solana (w/ Nico, co-founder)

Summary

Elusiv is a privacy protocol built on Solana that allows users to conduct private transactions while remaining compliant. The transaction fees for using Elusiv are relatively low, making it an affordable option. The combination of privacy and compliance makes Elusiv a valuable tool for individuals and businesses.

In this conversation, Nico shares his crypto origin story and how he transitioned to working on Elusiv, a privacy solution for blockchain. He explains the concept of zero-knowledge technology and how Elusiv incorporates compliance into its privacy solution. The technical details of Elusiv's privacy solution, including the role of Warden nodes and homomorphic encryption, are discussed. The incentive mechanism for running Warden nodes and the cost and fees associated with using Elusiv are also covered.

Takeaways

Find Nico and Elusiv online

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