All right, everybody, welcome back to the Crypto 101 podcast.

I'm your host, Bryce, and I'm joined today by David Wells, who is the CEO of Enclave Markets.

David, welcome to the show. How are you doing? Doing great. Thank you so much

for having me today. Yeah, you bet. It's my pleasure. Thanks for joining me.

Enclave Markets has caught my eye. You guys are doing a lot of really interesting things over there

in regards to cryptocurrency exchange and giving users the control, the power. Tell us a little

bit about what this fully encrypted exchange is and how it's different from any other decks

or centralized exchange that we might be already familiar with. Yeah, absolutely. Sounds great.

And I think the context of what's been

happening in the crypto markets over the last year can be helpful as much as some of the things.

Unfortunately. But yeah, so we did actually start this project of building a fully

encrypted exchange, which I'll get into more, but at a high level, we've essentially built

a centralized exchange

model within an encrypted environment that we as the exchange operators don't have, you know,

the ability to go in ourselves and sort of, you know, see customer data, take, you know,

take customer funds, those types of things. But, but yeah, we started this building's over a year

before all

these things happened in crypto. Did you know what was going on with FTX at the time, or was this

just a lucky hit? No, no no inside intel there. But, you know, I've been in crypto since probably

about 2015 personally and then professionally 2017. So I've seen everything

from Mount Gox all the way through FTX. And so this, you know, this issue of sort of the

centralized trusted operator with no, with little oversight, has unfortunately, you know,

...