Firdan Rifaldi
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Sesame

Stellar Zero-Knowledge Stablecoins Open the app → GitHub

Sesame makes a secret spendable. You lock USDC on Stellar against a phrase like umbrella tango biscuit harbor, and the words become the money. Tell them to anyone, by phone, on paper, or out loud. Whoever ends up knowing them claims the funds into an address chosen at that moment, on a device that never had a wallet before. A password you can say out loud and still not get robbed.

The problem it solves

On a public ledger a secret cannot hold money. Lock funds to hash(phrase) and release them to whoever submits the preimage, and the moment a claimer broadcasts, the phrase is visible in the mempool. Any watcher copies it and front-runs the claim. Using the secret reveals it, and revealing it loses the money. So bearer value made of a shared secret has been impossible on chain. Sesame fixes exactly this.

What I built

The claimer proves one statement in their own browser: I know a phrase whose commitment is one of the notes in this pool, and I am sending this note to this address. The proof reveals nothing about which note, which phrase, or who deposited it, and it binds the destination as a public input, so an in-flight claim cannot be stolen or redirected, not even by the relayer that submits it. Zero-knowledge turns a secret into a bearer instrument that survives being used in public. It is deliberately not a mixer or a privacy pool.

How to use it

Honest about the model

Sesame is bearer, like cash. The proof protects a claim in transit, it does not protect you from someone you already told the words to. The deposit that funds a note is public, like every shielded pool. Guard the words like cash.

Open the app →