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Privacy Policy

Effective Date: January 15, 2025

1. Introduction

The ƒxyz Network ("we," "our," or "us") is committed to protecting your privacy and maintaining the confidentiality of your personal information. This Privacy Policy explains how we collect, use, and protect your information when you interact with our network, applications, and services.

Our privacy-first architecture is designed to minimize data collection while maximizing functionality through advanced cryptographic techniques including confidential transactions and zero-knowledge proofs.

2. Information We Collect

2.1 Information You Provide

  • Account information when you create a wallet or profile
  • Transaction data that you choose to make public
  • Communications with our support team or community
  • Feedback and survey responses

2.2 Information Automatically Collected

  • Network usage patterns and performance metrics
  • IP addresses and general geographic location
  • Device and browser information
  • Aggregated analytics data

2.3 Blockchain Data

Transactions on public blockchains are inherently public. However, we implement confidential transfer mechanisms using ElGamal encryption to protect transaction amounts and recipient information.

3. How We Use Your Information

  • Provide and maintain our network services
  • Process transactions and enable network functionality
  • Improve our services and user experience
  • Communicate important updates and security notifications
  • Comply with legal obligations and regulatory requirements
  • Prevent fraud and enhance network security

4. Privacy-Preserving Technologies

4.1 Confidential Transactions

We use ElGamal encryption within Solana's Token-2022 program to enable confidential transfers. Transaction amounts are encrypted using your public key, ensuring only you can decrypt and view your balance.

4.2 Zero-Knowledge Proofs

Our system implements zero-knowledge proofs to enable verification of certain properties (such as sufficient balance for a transaction) without revealing the underlying sensitive information.

4.3 Decentralized Identity

We use decentralized identifiers (DIDs) and verifiable credentials to enable selective disclosure of identity information, giving you control over what information you share and when.

5. Information Sharing

We do not sell, trade, or otherwise transfer your personal information to third parties except in the following circumstances:

  • With your explicit consent
  • To comply with legal obligations or court orders
  • To protect our rights, property, or safety, or that of our users
  • In connection with a merger, acquisition, or sale of assets (with advance notice)
  • With service providers who assist in operating our network (under strict confidentiality agreements)

6. Your Rights and Choices

6.1 GDPR Rights (EU Users)

  • Access: Request copies of your personal data
  • Rectification: Request correction of inaccurate information
  • Erasure: Request deletion of your personal data
  • Portability: Request transfer of your data to another service
  • Objection: Object to processing of your personal data

6.2 General Rights

  • Control your privacy settings within our applications
  • Opt out of non-essential communications
  • Request information about data we hold about you
  • Report privacy concerns to our team

7. Data Security

We implement industry-standard security measures to protect your information:

  • End-to-end encryption for sensitive communications
  • Multi-signature security for critical operations
  • Regular security audits and penetration testing
  • Secure key management and hardware security modules
  • Access controls and authentication mechanisms

8. International Transfers

As a decentralized network, data may be processed across multiple jurisdictions. We ensure appropriate safeguards are in place for international data transfers, including standard contractual clauses and adequacy decisions where applicable.

9. Data Retention

We retain personal information only as long as necessary to provide our services and comply with legal obligations. Blockchain data, by its nature, is immutable, but we use privacy-preserving techniques to minimize the exposure of personal information.

10. Updates to This Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new policy on our website and updating the effective date. Continued use of our services after such changes constitutes acceptance.

11. Contact Us

For questions about this Privacy Policy or our privacy practices, please contact us:

Email: [email protected]
Address: ƒxyz Network Privacy Office
Response Time: We aim to respond within 30 days

ƒxyz ℕetwork

Building the future of decentralized finance and governance

© 2025 ƒxyz ℕetwork. All rights reserved.