There's a dangerous assumption most developers bring into Compact: "It's a privacy-first chain. My data is private unless I explicitly expose it." This is backwards. And it's where the serious mistakes happen. Compact doesn't give you automatic privacy. It gives you a hard boundary between two worlds, and a compiler that enforces it. World Where Who sees it Public On-chain, every network no
## INTRODUCTION Every blockchain application that handles value needs to answer the same question: how do you track who owns what? There are two dominant approaches, and choosing between them shapes your entire contract architecture. Contract-state accounting behaves like a bank ledger. A single smart contract holds a balance map, and transactions update entries in place. The UTXO model behaves li
Most trading fee calculators show you two numbers: the dollar amount and the percentage of notional. Both are correct. Neither is useful. Here's the problem. Say you're trading Bitcoin perpetuals on Bybit. Taker fee is 0.055% each side. You buy $10,000 notional. Entry fee: $5.50 Exit fee: $5.50 Round trip: $11.00 Does that matter? Impossible to say without knowing one more number: how much are you