a16z crypto General Partner: Privacy will become the most important moat in the encryption field.

On December 23, a16z crypto General Partner Ali Yahya stated that privacy will become the most important moat in the crypto field. Privacy is a key element driving the global financial on-chain, yet it is a functionality completely lacking in most blockchains today. For most chains, privacy is still a consideration only after the fact. Token cross-chain transfers are a breeze, but privacy cross-chain is very difficult. Since privacy is crucial for most real-world use cases, a few privacy chains will dominate the majority of the crypto assets market.

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