The state of privacy in Ethereum

Quick Take

  • The Block takes a look at privacy solutions currently being developed in Ethereum
  • Solutions include the AZTEC Protocol, Zether, and zero-knowledge proofs

Privacy is a theme deeply embedded in the crypto ecosystem. Satoshi Nakamoto dedicated a whole section to privacy in the Bitcoin whitepaper, acknowledging that Bitcoin’s design of publicly broadcasting transactions limits its privacy.

Blockchain analysis firms like Chainalysis and Elliptic are actively working to build services for deanonymizing blockchains and crypto transactions for regulatory and law enforcement purposes.