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Solana Co-Founder Anatoly Yakovenko Spotlights Privacy Demands: $M0N3Y's Role in the Ecosystem

Solana Co-Founder Anatoly Yakovenko Spotlights Privacy Demands: $M0N3Y's Role in the Ecosystem

In the fast-paced world of blockchain, privacy is becoming a hot topic, especially on high-speed networks like Solana. Yesterday, Solana co-founder Anatoly Yakovenko (@aeyakovenko) dropped a tweet that's got the community buzzing. He quoted a post saying, "People want privacy and they want it on Solana," and then dove into a technical idea: an "old school Elusiv fork with permissionless guardian service providers."

For those new to this, Elusiv is a privacy protocol on Solana that uses zero-knowledge proofs—fancy math that lets you prove something is true without revealing the details—to keep transactions private. Yakovenko's suggestion? Fork it (meaning create a modified version) and add permissionless guardians. These are like decentralized watchdogs where users pick their own mix of committees. Only one out of N guardians needs to stay honest to protect your data, and each can comply with local laws. It's a clever way to balance privacy with regulatory needs.

This isn't just tech talk; it's a nod to real user demands. Solana's known for its speed and low fees, making it a playground for meme tokens. But without strong privacy, every trade, swap, or hold is public. Imagine everyone seeing your bank statement— not ideal for degens chasing the next big pump.

Enter $M0N3Y (@mnplyM0N3Y), a project that's turning heads by building exactly this kind of infrastructure. Billed as the world's first fully offline zero-knowledge digital cash protocol on Solana, $M0N3Y takes privacy to the next level. It allows for secure, private transactions even without an internet connection, using sharded outputs and zero-knowledge tech to keep things hidden on-chain.

From community replies to Yakovenko's tweet, it's clear $M0N3Y is at the forefront. One user pointed out how following the "permissionless guardians to the Elusiv fork" leads straight to $M0N3Y protecting transactional data. Another called it "pure $M0N3Y infra," emphasizing sovereign privacy with built-in jurisdictional compliance. The token itself powers the ecosystem: holders can stake for ownership in the privacy layer, vote on upgrades, and use it for utilities within the protocol.

Why does this matter for meme tokens? Privacy unlocks new use cases. Meme traders can move funds without prying eyes, reducing risks like front-running or targeted scams. For projects, it means building apps where users feel safe—think private airdrops, anonymous voting in DAOs, or even payroll for crypto teams. As Solana pushes for global payments, tools like $M0N3Y could be the missing piece, turning transparent ledgers into private powerhouses.

The excitement is palpable. Recent posts highlight $M0N3Y's successful devnet deployment, proving offline, privacy-preserving transactions are real. With a market cap that's still early-stage and a community rallying around it, this could be a game-changer. If you're into Solana memes, keeping an eye on privacy plays like $M0N3Y might just pay off—literally.

For more on $M0N3Y, check out their DexTools page or dive into the Reddit discussion on its potential to reshape the world.

Stay tuned as we track how privacy evolves in the meme token space—it's not just about the laughs; it's about building secure, scalable fun.

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