I wasn’t looking for anything specific in the Midnight docs, but Zswap was the one part that didn’t feel easy to move past. Zswap comes from a 2022 zk-SNARK paper and is designed to enable confidential multi-asset swaps, basically allowing users to trade different shielded tokens privately, with atomic execution, meaning the swap either completes fully or doesn’t happen at all, and no trusted middleman.
I think this takes privacy in DeFi to a new level, since asset amounts and participant identities remain hidden during execution. Midnight appears to draw from this design in its shielded model, and to me, Zswap feels like a foundational piece for private, frictionless trading.
The docs point straight to the paper and show how it connects with their shielded model.
Paper: https://eprint.iacr.org/2022/1002.pdf
It made me think this might be one of the building blocks behind confidential swaps.
Has Anyone else looked into how Zswap connects with what Midnight’s building? Does it change how you see what’s possible in private DeFi?