• Arthur Hayes stated NEAR Intents might assist Zcash privateness scale throughout chains, giving NEAR extra upside than ZEC.
  • NEAR Confidential Intents hides order dimension, token pair, course and timing throughout cross-chain execution.
  • Hayes grouped NEAR, ZEC and Hyperliquid’s HYPE as his present “holy trinity” of crypto trades.

Arthur Hayes stated Close to Protocol’s NEAR token may benefit from changing into a privateness execution layer for Zcash, arguing that NEAR Intents can transfer property throughout chains with out exposing transaction hyperlinks or forcing customers by means of fragmented bridges.

The thesis is predicated on infrastructure and value momentum. NEAR Intents lets solvers compete to fill cross-chain orders, together with swaps, bridges and AI-agent settlement duties, whereas Confidential Intents provides restricted visibility over order dimension, token pair, course and timing.

Talking on The Rollup podcast, Hayes’ view is that this makes NEAR a cleaner method to categorical the privacy-coin commerce than ZEC alone. He referred to as NEAR, ZEC and Hyperliquid’s HYPE his present “holy trinity,” with the transient citing a 20x upside declare for NEAR.

I can now ship any crypto asset I need to anybody throughout the web in an nameless means from shielded Zcash utilizing Close to Intents. “I feel NEAR has a 20x potential, the place you understand Zcash might need a 5x potential over the subsequent 12 months.

Arthur Hayes, BitMEX co-founder.

Learn extra: Bitcoin Whales Dump Holdings as Profit-Taking Signals Flash Warning Signs 

Privateness Rail Thesis

NEAR’s personal Confidential Intents web page describes the product as cross-chain execution that’s confidential by default. It says the system makes use of a NEAR non-public shard linked to mainnet by means of a TEE-based bridge, giving customers a confidential execution setting with out requiring a bespoke pockets setup for each chain.

Zcash itself already helps clear and shielded addresses. Shielded transactions cover sender, receiver and quantity whereas nonetheless proving that no new cash are created, however cross-chain use has traditionally added friction and metadata leakage.

NEAR’s position is to scale back that friction. As a substitute of forcing customers to handle separate bridge steps, wallets and settlement paths, the intent layer can route execution by means of competing solvers whereas protecting delicate commerce particulars away from public mempools.

Learn extra: Binance Australia’s New Crypto Rules Mean Every Transfer Comes With ID Checks

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