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Why Privacy Could Be Crypto's HTTPS: Helius CEO Mert's Take on Blockchain Growth and Meme Tokens

Why Privacy Could Be Crypto's HTTPS: Helius CEO Mert's Take on Blockchain Growth and Meme Tokens

In the ever-evolving world of cryptocurrency, privacy is emerging as a game-changer, much like how HTTPS transformed the internet. Helius Labs CEO Mert recently shared this insightful analogy on X, drawing parallels between crypto's current state and the early days of the web.

Mert's thread kicks off with

- The main post discusses privacy as the final scaling element in crypto, drawing an analogy to how HTTPS boosted the early internet's growth by securing data.
a simple yet powerful comparison: "crypto until now = http, crypto from now on = https." For those unfamiliar, HTTP was the original protocol for the internet, but it left data exposed and vulnerable—think sending passwords and credit card info in plain text. This insecurity stifled online commerce and user trust until HTTPS came along, encrypting everything and sparking explosive growth in e-commerce, social media, and beyond.

Applying this to crypto, Mert argues that privacy is the missing piece for true scalability. Right now, blockchain transactions are often public, making wallets traceable and users hesitant to dive in fully. But with enhanced privacy features—like zero-knowledge proofs (ZK proofs, which let you verify info without revealing it)—crypto could see a similar boom. Imagine meme tokens trading without exposing your entire portfolio or transaction history; that's the kind of user-friendly shift that could onboard millions.

This resonates deeply in the meme token space, where Solana has become a hotspot due to its speed and low fees. Helius Labs, Mert's company, provides RPCs (remote procedure calls, essentially the backbone for interacting with blockchains), data tools, and more for Solana devs. Privacy enhancements could supercharge meme ecosystems by protecting traders from front-running (where bots snipe trades) or doxxing risks.

Looking at the responses to Mert's post, the community is buzzing. Some users are already shilling privacy-themed memes like $ZK, $Ziyad, and $ANON, highlighting how this narrative is sparking new token launches. For instance, one reply features a meme image tying into the privacy meta, showing how quickly ideas turn into viral tokens on platforms like Pump.fun.

Meme image representing the privacy meta with $ZK token

As blockchain practitioners, keeping an eye on privacy tech is crucial. Projects like Zcash (which uses ZK-SNARKs for shielded transactions) or emerging Solana protocols could redefine meme trading. If history repeats, privacy might just be the catalyst that turns crypto from a niche hobby into mainstream finance.

For more on how privacy is shaping meme tokens, check out our knowledge base at Meme Insider. What are your thoughts on this HTTPS analogy for crypto? Share in the comments!

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