🔴 Problems with Privacy
- Data Exposure – Sensitive information is on the public ledger.
- Centralized Trust – Users must trust third parties with their private data.
- Lack of Verifiability – No way to prove computations were performed correctly without revealing data.
⛓️ Current Blockchain Limitations
- Public Execution – All transactions and smart contract state are visible on-chain.
- MEV Exploitation – Front-running and sandwich attacks exploit transaction visibility.
- Compliance Barriers – Regulatory requirements often conflict with public transparency.
⚡ MagicBlock’s Solution
- Trusted Execution Environments (TEEs) – Secure, isolated computing environments that protect data during processing.
- Private State Execution – Run computations on sensitive data without exposing it to the network.
- Verifiable Privacy – Cryptographic proofs ensure correct execution while maintaining confidentiality.