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The story of on-chain privacy is moving from theory to reality.
The emergence of execution separation layers has played a key role. Take Lumina Engine as an example, its approach is completely different — it’s not about superficial appearances, but about redesigning the entire transaction process. Encrypted intent, off-chain matching, proof of settlement, each step has been reconstructed.
What does this mean? The source of information leakage has been changed. Instead of just hiding, it fundamentally eliminates the risk. This is true privacy protection — not patchwork solutions, but an architectural revolution.