In this week's episode we've invited on Luke Tchang, founder of Nocturne, to share how Nocturne help solve crypto’s most pressing privacy/UX problems.

🔍【Nocturne Labs is building private user accounts on Ethereum. Their goal is to increase the accessibility and utility of the Ethereum ecosystem by furthering the adoption of usable onchain privacy.】

💼 1. Deep Dive into Nocturne's Design Philosophy
Luke talks about the 3 categories of privacy solution in the market: privacy cash, privacy L1 & L2, mixed solution. However, approaching through the account level, Nocturne aims to build parallel accounts for everyone who wants privacy.

🗳️ 2. Product Feature
- Receive/deposit funds anonymously
- Earn yield on idle funds
- Withdraw to fresh wallets for unlinked trading/transacting

🚶‍♀️3. Target User Group for Nocturne
Retails and traders at the beginning

🌍 4. Regulatory & Compliance
Currently, depositing is not a permissionless process. Nocturne is working on transitioning from a system that 'gate inflows' to one that operates on the principle of 'proof of innocence.' One that meets anti-money-laundering and sanctions requirements.

💻5. Fully Homomorphic Encryption (FHE)
Luke thinks FHE is a different solution and can be combined to solve different problems. All solutions are not mutually exclusive.😄

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