Posted 9/6/2023, 4:26:00 PM

Ethereum's Vitalik Buterin Argues for Blockchain 'Privacy Pools' to Weed Out Criminals

Blockchain protocols can distinguish between honest users and criminals using a new privacy-enhancing protocol called "privacy pools," according to a research paper co-authored by Vitalik Buterin, co-founder of Ethereum. This protocol allows users to prove the origin of their funds while maintaining transaction privacy, addressing concerns around privacy and regulatory compliance in blockchain technology.

coindesk.com

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9/6/2023

Financial privacy and regulation can co-exist with ZK proofs — Vitalik Buterin

Ethereum co-founder Vitalik Buterin has published a research paper proposing privacy pool systems that use zero-knowledge proofs to allow users to prove dissociation from illicit funds, potentially enabling financial compliance on-chain in the future.