The most frequently mentioned words during the Ethereum China University Tour event at Peking University were about privacy computing ZK and RWA. The foundation now attaches great importance to the programmable privacy of Ethereum. Have you noticed that every cryptocurrency bull market is led by Ethereum, “ICO—DeFi—？” Will privacy be the main course of this round? Recently, I have only been following the privacy track: Aztec @ Azteccnetwork is Ethereum's first native privacy L2, built with programmable zero knowledge technology to create an "encrypted version of Ethereum" that allows transactions and contracts to be encrypted and verifiable by default. The team comes from Oxford/Cern, invented PlonK, and received $119 million in support from top institutions. At present, the valuation of CCA public offering is 75% lower than that of a16z entry, with no lock and full fairness, which can be paid attention to. Aztec is conducting the world's first public token sale (CCA Combination Clock Auction), which is completely fair and transparent, with no whitelist, no internal selection, no lock up, and everyone can participate. The price starts from 0.027 ETH and automatically adjusts according to the number of participants. Currently, it has attracted nearly 18000 ETH to participate, corresponding to an FDV of approximately 397 million US dollars, which is 75% lower than the early investment valuation of a16z. KYC can be completed through the ZKPass app. The event will take place from December 2nd to 6th, 2025. Public Auction Entrance: https://sale.aztec.network (See cited article for investment research report)