Bankless · Thursday, August 27, 2026
Addressing concerns about losing transparency with privacy, Oskar Thorne clarifies that privacy is about controlling who sees what, not necessarily hiding information. He suggests that a better product would offer verifiable metrics and selective disclosure, allowing for trust without exposing all individual transaction details.
“I think privacy really is who can see what, when, and how.”
“So the question I would have is like, I think transparency, people want that so they can have a level of trust, right? But if you could get trust without having to see people's details, I think actually that's a better product.”
“So my question actually to you, David, would be like, imagine you could verify anything that you wanted to, like whether someone's doing the right transactions. It's like the right thing that they said. The TBL is above a certain amount. Like it's like good, but it's still somewhat selective where you can't see everything. Wouldn't that be great?”