Whitepaper / v0.1 draft

Verifiable performance.
Private history.

A protocol for turning a trader's real track record into public statements that anyone can check, without publishing a balance, a position or a trade.

Abstract

Financial performance is easy to claim and hard to verify. A screenshot can be edited and a spreadsheet can be curated; the only way to prove more is to hand over the account itself. Linvesther measures performance from read-only connections, expresses it only as ratios, and publishes narrow statements the owner authorizes one by one. Where a stronger guarantee is available, the calculation is proven with a zero-knowledge proof. Ownership and registration are anchored on a public blockchain.

The paper describes the technology and the guarantees it provides, and is explicit about the ones it does not.

Inside

  1. 01
    The problem

    Why a track record forces a choice between an unbacked number and total exposure.

  2. 02
    Identity and ownership

    Passkeys, password-derived keys and smart accounts on Base.

  3. 03
    Measuring performance

    Read-only sources, time-weighted return, drawdown and combined accounts.

  4. 04
    Selective disclosure

    Claims that reveal a threshold and nothing more.

  5. 05
    Zero-knowledge proofs

    Showing a result is correct without showing the inputs.

  6. 06
    Trust model and limits

    Five independent guarantees, and what the system does not defend against.

This is a draft for public review. It describes the technology, not the implementation, and it marks what is planned as planned. The registry currently runs on the Base Sepolia test network.
Whitepaper | Linvesther