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that planned to be build? I like the idea but would it be not more " easy" to make a shielded pool onchain you can interact with encrypted memos too? No sidechain, no extra infrastructure just onchain shielded pools that work with zk ( ok design is more complex but you get the point).
IMO hive should leverage the base layer for stuff like that and create a demand for RC ( can be expensive).
Another layer would be only interesting if it would be zK smart contracts. Anyway good stuff.
RE: River Whitepaper - A Privacy Layer for Hive