Recently, people keep asking me whether on-chain privacy can really "hide" things. Honestly, don't expect too much. Whether you use mixing services or privacy protocols, it's more about raising the cost of tracking, not about giving you a invisibility cloak. If you cross the line of compliance, the entry, exit, and centralized services will still keep a close eye on you.

Not long ago, I experienced the mistake of "not understanding and then not acting"… At that time, I saw a new wallet plugin that was hyped up to the sky, claiming one-click privacy, cross-chain obfuscation, and also riding the modular and DeFi narrative. The developers were talking excitedly, and I was just confused. I was tempted to try it, but got stuck at the authorization step: it asked for too many permissions. I suddenly woke up and closed it to go make tea. Later, someone in the group said it almost exposed the main wallet's associations. Thinking about it, I’m glad I chickened out.

Anyway, my expectation is: privacy is a tool, not a talisman; compliance is a reality, not just a slogan. Ordinary users can probably do less fantasizing and more layering (using small accounts, small amounts, not granting permissions randomly). If you don’t understand it, don’t act first. It’s really not shameful.