Ever wondered why some chains feel like living in a glass house? Take Ethereum — everything's out there for the world to see. Your balance? Public. Contract interactions? Public. Every single transaction? Yep, public too. Want privacy? You'll need to bolt on extra layers or dive into those ZK-rollup workarounds. Sure, you get total composability, but confidentiality? Not so much.

Now flip the script with Zama. They're running a different game entirely — fully encrypted state using FHE (Fully Homomorphic Encryption). What does that mean in plain English? Smart contracts execute while everything stays locked up tight. No peeking, no compromises.

It's a fascinating trade-off, really. One camp says transparency is the whole point — verifiable, auditable, trustless. The other argues that real-world adoption needs privacy baked in from the start, not tacked on as an afterthought. Where do you stand on this?