StarkWare simply killed their total consumer base

"a sensible compliance framework that permits an auditing entity to selectively unshield transactions upon respectable regulatory request"

So, the whole level of utilizing the chain is null and void. What's using hiding transactions when an arbitrary entity can simply… unhide them?

"For compliance, every consumer registers an encrypted copy of their viewing key on-chain. Upon respectable regulatory request, a chosen auditing entity can decrypt this key to hint a selected consumer’s transaction historical past, with out affecting the privateness of uninvolved customers."

So it’s successfully necessary. Fantastic.

Who did they assume we had been hiding transactions from, our ex?

The paper: