Company
Date Published
Author
Chainlink
Word count
42
Language
Chinese
Hacker News points
None

Summary

The text discusses Mixicles, a technology introduced by Chainlink to address privacy issues in decentralized finance (DeFi) by using oracles. Mixicles aim to enhance privacy for enterprise DeFi applications on public blockchains like Ethereum by separating state changes and payments into off-chain and on-chain modules, making it difficult to trace transactions. This separation is achieved through oracles, which serve as digital agents connecting smart contracts to off-chain data, using a boolean (true or false) reporting system to trigger payments without revealing detailed transaction data. Mixicles combine the functionalities of mixers and oracles to ensure privacy and compliance, especially appealing to enterprises that require privacy and regulatory adherence in financial transactions. Chainlink, as a decentralized oracle network, supports Mixicles by providing reliable data connections to smart contracts, helping address scalability and privacy bottlenecks in public blockchains. This innovation is expected to attract large-scale enterprise adoption by ensuring privacy and compliance, with Mixicles set to be launched on Ethereum and other blockchains, pending third-party security audits.