Privacy
Liquity is launched on Ethereum, a pseudonymous smart contract platform. Its collateral, stablecoin, and secondary token are all pseudonymous.
Nephrite is launched on Beam, a confidential smart contract platform.
| Asset | Liquity | Nephrite |
|---|---|---|
| Collateral | Pseudonymous (ETH) | Confidential (BEAM) |
| Stablecoin | Pseudonymous (LUSD) | Confidential (NPH) |
| Secondary token | Pseudonymous (LQTY) | Confidential (BEAMX) |
NPH and BEAMX are Beam Confidential Assets, and they have the same level of privacy as BEAM itself: amounts, addresses, and transaction history are not visible on chain. NPH and BEAM transactions are indistinguishable.