REPORT - Cosmos, A world of Private Chains

[Cosmic_Validator]

@Govmos

This level of privacy is crucial for private sector adoption. In contrast, any public blockchain privacy system inevitably relies on certain assumptions.

What assumptions? @cwgoes @adrian @awacate doesn’t Namada provide sufficient privacy for financial institutions also?

@Govmos

Algorithmic privacy, for example, introduces additional complexity and limits the ability to interoperate with private datasets

@Govmos

True privacy requires exclusive ownership, restricted access, and computational encryption schemes whose complexity should adapt to the requirements of each participant in relation to the trilemma constraints.

The privacy in the MASP of Namada increases with the more assets deposited which is why they are making privacy a public good and incentivizing assets to be deposited in the MASP. You have exclusive ownership of your IBC assets as currently with your private keys, interoperability and true privacy.
Actually, you could have a private/consortium blockchain connected in the IBC ecosystem and they only interact outside their private/consortium chains using shielded assets/data via Namada MASP?