Ethereum News Update: Kohaku on Ethereum—Ensuring Privacy as the Standard, Openness When Required
- Ethereum co-founder Vitalik Buterin launched Kohaku, a privacy framework embedding confidential transactions directly into wallets to make privacy a core blockchain feature. - Developed by the Ethereum Foundation, Kohaku integrates tools like Railgun and Privacy Pools to obscure funds while enabling compliance through selective address disclosure. - The framework aims to simplify mainstream adoption by offering opt-in privacy for wallets like MetaMask, balancing user anonymity with institutional transpar
Vitalik Buterin, one of Ethereum's co-founders, has introduced Kohaku—a privacy-centric framework aimed at integrating confidential transaction features directly into user wallets. This marks a significant advancement in making privacy a fundamental aspect of the blockchain, rather than a supplementary option. The announcement took place at the
This framework provides modular cryptographic solutions, empowering developers to create privacy-focused wallets without the need for centralized intermediaries. Notable features include
The Ethereum Foundation has
Buterin referred to privacy as "freedom," stating it enables individuals to use blockchain platforms without the threat of being monitored by either centralized or decentralized authorities. He recognized Ethereum's advancements in privacy research over the last ten years but pointed out that improving user experience is still a major challenge.
Kohaku is designed to strike a balance between privacy and regulatory compliance, enabling users to create stealth addresses for discreet transactions, while also allowing them to reveal connections between these addresses and their main wallets when necessary for audits or legal checks. This strategy positions Ethereum as a competitor to privacy-focused blockchains like Monero, while still appealing to organizations that value transparency. Experts believe this upgrade could stimulate DeFi growth, draw in institutional investors, and increase gas usage as more wallets adopt the technology.
The Ethereum Foundation considers Kohaku an ongoing project, with plans for future enhancements such as mixnets for greater network anonymity and browsers powered by zero-knowledge proofs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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