Ethereum (ETH) creator Vitalik Buterin says that the leading smart contract platform faces a serious obstacle, but that a relatively simple solution could help immensely.
In a post on his blog, Buterin says that privacy is one of the largest remaining challenges that Ethereum faces today.
“By default, anything that goes onto a public blockchain is public. Increasingly, this means not just money and financial transactions, but also ENS (Ethereum Name Service) names, POAPs (Proof of Attendance Protocols), NFTs, soulbound tokens, and much more. In practice, using the entire suite of Ethereum applications involves making a significant portion of your life public for anyone to see and analyze.
Improving this state of affairs is an important problem, and this is widely recognized. So far, however,