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This is the end-to-end swap path for AlphaEngine, generalized for the CoFHE processor.
  • Privacy wall: ciphertexts stay opaque until operators have permission.
  • Batch discipline: epochs bound how long an intent can sit in a queue.
  • On-chain footprint: only the net swap hits the pool; everything else is encrypted bookkeeping.
See also: System Architecture and CoFHE processor primer.