Helius CEO: A Crypto System Lacking Privacy Cannot Achieve Scalability

Odaily reported that Helius CEO mert posted on platform X, stating that cryptocurrencies cannot achieve true scalability if they lack privacy protection.

He indicated that although ordinary retail users have limited concern about privacy issues, for institutional users, privacy protection is one of the two core requirements for deciding whether to go on-chain; otherwise, institutions will not choose to enter the on-chain system.