TechFlow news, July 17, according to the Ethereum Magicians forum, developer Leo Glisic officially released Privacy Guardians 2.0 and announced the open-sourcing of its design proposal. The project is positioned as a decentralized privacy payment system, aiming to achieve maximum privacy protection for on-chain payments to counter issues such as being subject to freezing and monitoring existing in centralized payment solutions (such as OUSD launched by Corpo Consortium).
The current V1 version covers multiple modules including private payment mechanisms, insurance mechanisms, honeypot design, exchange rate management, liquidity pools, and metadata processing. Glisic stated that this version is still in an early stage, with significant room for optimization in terms of cryptographic security, incentive mechanism alignment, and capital efficiency, and called on the community to participate in its improvement. The whitepaper has been simultaneously published at glisic.xyz.
