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I’ve been thinking about a feature for blockchains:
What if you could make a transaction that doesn’t show up on public explorers, but is still verifiable by authorized parties (like regulators)?
I saw something similar happen by accident in an app using @ArciumHQ MPC, the transactions didn’t appear on Solscan. It got me thinking…
Imagine banks or large companies being able to transact privately on-chain, while still meeting regulatory compliance.
The public wouldn’t see the transaction, but regulators would.
It’s like a selective transparency layer for blockchain, way beyond just a dark pool.
Am I crazy, or could this be the next big thing?
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Note:
This is not dark pools. Dark pools are limited to trading securities off-exchange.
What I am talking about applies to any blockchain transaction; transfers, DeFi interactions, cross-chain messages - not just trading.
Plus, it still lives on-chain, just hidden from the public view but visible to authorized verifiers