The Iron Fish project just announced approval of a ChainPort integration in their roadmap this year. I'd like to hear from those well-familiar with ChainPort. Please discuss the technical pros and cons. Can this develop into a promising technical achievement for private transactions, or is it yet another potential point of failure for privacy protocols and chains?
Link:
https://ironfish.network/learn/blog/2024-02-20-chainportFrom their announcement:
"
For the end user, this integration means that all ChainPort-supported assets could be bridged to Iron Fish leading to private wrapped USDC, private wBTC and private versions for all other supported assets. Users could route their transaction via Iron Fish first before interacting with any DeFi protocols to ensure anonymity even on transparent chains."