$CASHMERE
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Your wallet shouldn’t have to rely on a centralized service to understand what is happening on-chain. On many privacy-focused blockchains, finding your balance and reconstructing your transaction history may require scanning a large portion of the blockchain, using an external indexer, or relying on a third-party managed service. This dependence can make the user experience more complicated, slow down synchronization, and introduce an additional intermediary between the user and the blockchain. With XELIS, privacy and self-custody are designed to work together through a private account model: