🔏How does Hole achieves privacy?

Hole perfects transaction privacy by separating the on-chain link between recipient and destination addresses. It utilizes a smart contract that accepts ETH deposit from one address, and allows a different address to withdraw them. Then, whenever this new address withdraws the ETH, there is no way to link the withdrawal to the deposit, making the process completely private.

In other words, Hole acts as a proxy to ensure that the transaction is 100% anonymous.

Better yet, it’s also 100% non-custodial, meaning you keep full control over your deposited funds the entire way.