Vitalik Buterin proposes simplified layer-1 privacy roadmap

Vitalik Buterin shared a new proposal aimed at improving the confidentiality of users in Ethereum without making major changes to the network itself.

In an April 11 job On the Magicians Ethereum forum, Ethereum (Ethn) The co-founder explained how portfolios and developers could take small measures but significant to protect users without delay long-term upgrades to the basic protocol. The Buterin position underlines the need to integrate confidentiality tools, such as Railgun and confidentiality pooldirectly in existing portfolios.

Instead of creating separate applications, the objective is to make confidentiality a natural part of how users send and receive funds. Portfolios may include armored sales and allow users to send private transactions by default.

To support this, the roadmap includes a call to adopt Focil and EIP-7701, two technical upgrades which facilitate the execution of confidentiality protocols like Tornado Cash and Railgun without the need for centralized relays.

Another part of the plan is based on confidentiality at the UX level, encouraging users to use a separate portfolio address for each application with which they interact. This would make more difficult for external observers to link someone’s actions on different platforms.

The proposal also addresses the improvement of confidentiality when applications connect to the Ethereum network. For the moment, confidence execution environments could help protect user data. But in the future, Buterin suggests moving to private information recovery, a more secure solution that is not yet effective enough to be used.

Buterin’s proposal does not require modifications to the base layer of Ethereum, which facilitates adoption. However, some of these changes would come with compromises in user experience and convenience, which could slow down adoption.

This proposal comes at a time when the Ethereum market performance is under pressure. As of April 11, Ethereum was negotiated at around $ 1,547, a decrease of 20% in the past two weeks, according to Crypto.News price tracker. The cryptocurrency closed the first quarter at 45%. In addition, it has lost 77% against Bitcoin since December 2021, according to health data.

A healthy analyst note This new update makes it more difficult for average investors to understand the project’s roadmap. While many altcoins have surpassed it, Ethereum’s growth has slowed down, partly due to constant changes and unclear messaging.

The analyst has also underlined growth competition More recent and simpler blockchains among the reasons for the drop in the price of Ethereum.