The crypto ecosystem is probably the most dynamic field of information technology. New solutions pop up almost every day and it’s pretty hard to find a startup that will blow your mind in some special way. Even at the beginning of its path, the crypto space didn’t seem like something boring and conservative. But it’s nothing compared to what we can observe in the market now. At a first glance, the current ecosystem looks a bit chaotic and complicated. Looking at the variety of DeFi solutions it’s quite hard to estimate the benefits they commit to bringing. But if you remember the core values that were proclaimed with the coming of Bitcoin you will realize that the number of key benefits of blockchain and crypto is definite and limited: reducing intermediaries, decentralization, secure storage of data, and privacy. Projects committed to privacy have long received attention and it promises to be one of the most popular trends in the coming years. It corresponds with the current situation when a lot of people are not satisfied with the authorities, banks, and key social media players that own too much private data. Anonymous cryptocurrencies are regarded as good alternatives to Bitcoin, the public ledger of which allows anyone who wants to track all transactions. The emergence of demand stimulates projects to come up with features that ensure the desired privacy. For example, BEAM protocol, where privacy is the team’s first prior...
