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Details: https://www.gate.com/announcements/article/47889
Blockchain's transparency is actually a double-edged sword—it was engineered for verification, not privacy. Here's the thing: everything recorded on-chain is permanently visible to the public. Your transaction history, wallet balances, token movements—all of it sits there exposed. Anyone with basic tools can trace your on-chain activities back. This fundamental design choice between decentralization and confidentiality remains one of crypto's most pressing tradeoffs. The more transparent a blockchain is, the easier it is to verify, but the harder it becomes to maintain user privacy.