MultiversX Tracker is Live!

State of zkSNARKs on Ethereum for private transactions

Etherum Reddit

More / Etherum Reddit 314 Views

Hi everyone,

I first heard about zkSNARKs with zCash as a privacy tool. A few years ago, I read about collaborations between zCash and Ethereum dev teams to bring private transactions to Ethereum.

Nowadays, I still read a lot about zkSNARKs on Ethereum, but for a different purpose: scalability.

But what is the state of private transactions on Ethereum ? Is it still being developed ? Is it already there ? Or will it come "for free" with L2 zkSNARKs ? Or is it just put behind because scalability is a more pressing matter ?

I'm surprised that this is not really discussed (or maybe I'm just missing it in the flood). For example, what would be the regulatory implications ?

Thank you for your answers

submitted by /u/IckyThump42
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments