Bitcoin.com News
Bitcoin.com News|Apr 13, 2025 08:32
🔒 Ethereum co-founder Vitalik Buterin has proposed a "maximally simple" Layer 1 (L1) privacy roadmap aimed at enhancing user privacy on the Ethereum network with minimal changes to its consensus mechanism! The roadmap outlines four key areas of focus: ensuring privacy for on-chain payments, achieving partial anonymization of on-chain activity within applications, securing privacy for reads to the chain, and implementing network-level anonymization. Buterin suggests integrating privacy tools like Railgun and Privacy Pools into existing wallets, promoting a "one address per application" model to reduce public links between user activities. He also advocates for making send-to-self transactions privacy-preserving by default. Ultimately, Buterin envisions a future where a significant portion of transactions are private by default, while maintaining public visibility within individual applications, thereby safeguarding user privacy against various adversaries. 🛡️ What are your thoughts on enhancing privacy in the Ethereum network? Let us know! 💬
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