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>>The Ethereum Foundation has created a group of 47 experts to prioritize and develop privacy solutions, aiming to make privacy a core feature of the Ethereum network.

The Ethereum Foundation has created a group of 47 experts to prioritize and develop privacy solutions, aiming to make privacy a core feature of the Ethereum network.

crypthub

1 day ago

New Privacy Cluster Formation

The Ethereum Foundation launched a 47-member Privacy Cluster, coordinated by Igor Barinov, to prioritize and advance privacy solutions within the Ethereum ecosystem. This builds upon previous explorations and aims to prevent Ethereum from becoming a tool for global surveillance. The cluster's formation reflects a shift towards problem-first solutions addressing surveillance vulnerabilities and promoting a more privacy-focused environment.

Addressing Core Privacy Challenges

The new cluster will concentrate on five key areas, including private transactions, private proving, private identities, enhanced user experience, and institutional adoption. Development of the Kohaku wallet and SDK, alongside institutional pilot programs, aim to increase privacy accessibility and address regulatory needs. This effort is guided by a roadmap articulated by Vitalik Buterin, emphasizing the importance of privacy for decentralization.

Roadmap and Future Development

Vitalik Buterin's proposal focuses on techniques like Railgun integration, unique addresses per dApp, and standards like FOCIL to enable private-by-default transactions. The initiative also addresses concerns about GDPR compliance and highlights advanced solutions like Aster’s use of zero-knowledge proofs for confidential trading. The Ethereum Foundation intends for privacy to be a foundational aspect of the entire Ethereum ecosystem.