COTI x iExec | Walking Around With a Glass Briefcase Full of Money

Added: 2026-06-01

[00:00:04]Confidentiality means keeping sensitive data private and also fending off and keeping away malicious actors.

[00:00:13]For example, most we've seen more than 20 DeFi protocols last month being hacked.

[00:00:21]Um >> Scary.

[00:00:23]>> Exactly. And how did these malicious actors know which DeFi protocols to hack? Because everything is public. When it comes to their revenue, the LPs, how much money they have how much money they have in their vaults, how much swaps are being done, etc. So, it's like me walking around outside with a glass briefcase full of money and hoping that nobody is going to come and steal that from me. So, that's actually currently what's happening with DeFi protocols. On the other [clears throat] hand, from a user point of view uh also, you'll have this notion of broadcasting your balance when it comes to your wallet balance, which is more inclined to be hacked or stolen when it comes to your private key. But also when it comes to protecting yourself from these AI agents or bots, which are sandwich bots and MEV bots, etc. And I cannot count the times that I wanted to to jump into a trade and I get like 25, 30, 40, even 50% slippage. And I'm like, "Okay, I'm already at a loss and I've just entered like 2 seconds ago." Um so, one man's loss is another agent's or script's gain, let's say.

[00:01:40]And >> [laughter] >> when it comes to a retail user, uh confidentiality should be actually primal and embedded within all your transactions and actions.