Vitalik Buterin Names One of Ethereum’s ‘Biggest Challenges,’ Says Improvement Can be Implemented Fairly Quickly

Vitalik Buterin Names One of Ethereum’s ‘Biggest Challenges,’ Says Improvement Can be Implemented Fairly Quickly
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Ethereum () creator vitalik buterin says that the main platform of intelligent contract faces a serious obstacle.

That a relatively simple solution could greatly assist.

In the long run, these problems can be resolved.The long-term, stealthy address ecosystem resembles an ecosystem that would be highly dependent on the absence of evidence of knowledge." Erin says privacy is one of the biggest challenges Ethereum still faces today. "By default, whatever goes on a public blockchain is public.

More and more, this is not limited to money and financial transactions. So far, however, discussions on improving privacy have largely centered around one specific use case: privacy-preserving transfers (and usually self-transfers) of ETH and mainstream ERC20 tokens.”

By default, all things that end up on a public blockchain are public. In practice, the use of all ethereum apps involves making an important part of your public life so that anyone can see and analyze it.

The Ethereum creator says that crypto wallets could help users take advantage of stealth addresses by creating built-in options for implementing them natively

“Basic stealth addresses can be implemented fairly quickly today, and could be a significant boost to practical user privacy on Ethereum. So far, however, Discussions on privacy enhancement have largely focused on one specific use case: transfers of privacy preservation (and typically automatic transfers) of eth and mainstream erc20 tokens." But erin says so now, The best way to protect private life on Ethereum is to use stealthy addresses. A stealthy address is a unique address that obscures a person's public key, making it impossible for anyone to trace payments to the sender.

The ethereum creator says that crypto wallets could help users take advantage of stealth addresses by creating built-in options for implementing them natively“basic stealth addresses can be implemented fairly quickly today, and might be a boost for the privacy of users on ethereum. They need to work on the portfolio side to back them up.

A stealth address is a unique address that obscures the public key, guaranteeing that no one is able to trace payments to the sender.

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