According to @1HowardWu, enterprise adoption of blockchain requires privacy because public transaction data exposes confidential business relationships to competitors, and Aleo's private smart contracts allow companies to use blockchain rails without revealing sensitive payment information (source: @1HowardWu).

According to @1HowardWu, the crypto industry has achieved product-market fit in trading, DeFi, and NFTs despite lacking fundamental privacy, underscoring a structural gap in current on-chain infrastructure, source: @1HowardWu on X, Aug 12, 2025. He states that enabling Web2-like private smart contracts could trigger an explosion of new applications across the stack, source: @1HowardWu on X, Aug 12, 2025. For market participants, his thesis positions private smart contracts as a core primitive to watch that could reshape how trading, DeFi, and NFT activity are built once privacy is available, source: @1HowardWu on X, Aug 12, 2025.

According to Howard Wu, Aleo is asserting its position as the originator of private smart contracts utilizing zero-knowledge (ZK) technology. Wu challenges competitors attempting to adopt ZK for privacy, citing Aleo's foundational research and urging traders to review their published paper for verification. This stronger claim of innovation by Aleo could impact the competitive landscape of ZK-based blockchain projects and influence trader sentiment toward ZK technology protocols and related tokens (ZK, ALEO). Source: Howard Wu (@1HowardWu).

According to @1HowardWu, the crypto industry has achieved widespread adoption in trading, stablecoins, and foundational DeFi even without private smart contracts, as cited in a tweet dated May 28, 2025 (source: twitter.com/1HowardWu). This highlights a significant gap in on-chain privacy, suggesting that the introduction of private smart contracts could dramatically enhance user experience and security, paving the way for Web2-level usability on blockchain platforms. For traders, this development represents a potential inflection point, as improved privacy features may attract institutional capital and expand use cases, supporting higher trading volumes and broader market participation.