Ethereum launched with two key problems: limited scalability and forced transparency. Limited scalability made every transaction slow and expensive. Forced transparency left every transaction exposed and scrutinized.

We’ve solved scalability, but not transparency. Every major L1 today is still transparent. None are encrypted.

Why? Because for the last decade, our industry optimized for encryption at the wallet level to provide user privacy. It enabled actions like purchasing goods without exposing balances or speaking without exposing identities. Though crucial for personal freedom, this focus on new wallets came at the cost of producing new apps. Without new apps, we struggled to attract mass market users.

So how do we get new apps? Encrypt at the protocol level instead of at the wallet level.

To achieve this, encryption must be built into the core—the base layer—not just attached to the edges of a transparent chain. It’s the only way to get the attributes you need to encrypt protocols:

1. Encrypted global state. Enables encrypted interactions between multiple users. Essential for everything from exchanges to lenders.
2. Encrypted memory access. Enables encrypted pointers. Essential for everything from auctions to stablecoins.
3. Encrypted data flow. Enables controlled exchange between encrypted and transparent state. Essential for everything from organizations to launchpads.

That’s why we created Seismic, the encrypted blockchain.

Seismic lets developers access new token bootstrapping models, consumer payment flows, rwa markets, and more. And unlike previous attempts at base layer encryption, Seismic focuses entirely on encrypting protocols to produce new apps.

We created Seismic by restructuring the open-source blockchain stack around secure hardware. At its core, Seismic clones the EVM’s major memory segments into transparent and encrypted regions. The surrounding system then maintains the chain of encryption as memory flows between these two regions at every stage of state replication. These changes allow Seismic to encrypt protocols. 

See what’s already happening on Seismic:

1. NIBBLE, a protocol that grants you revenue share in your favorite restaurant.
2. RIFF, a protocol that makes you listen to a bonding curve.
3. FOLIO, a protocol that puts you in a global pay-it-forward chain.

If you’re an entrepreneurial developer who finds projects like these interesting, we’d love to work with you. We’re actively looking for collaborators on applications in the pipeline for our upcoming devnet. .

Our mission is to encrypt all chains. Just as all blockchains must scale, all blockchains must encrypt.

My personal Telegram: @lyronc

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