Ethereum Founder Buterin Mulls a More Private Transaction System

Ethereum co-founder Vitalik Buterin has proposed a brand new system that might permit the blockchain’s customers to generate obfuscated addresses and obtain funds privately on the community.

The brand new system can present extra privateness for consumer actions starting from cash and monetary transactions in addition to non-fungible token transfers by permitting customers to create “stealth addresses” the place they will conduct non-public transactions with a particular code.

Buterin’s proposal got here as regulators ramped up scrutiny on obscured transactions on a wide range of blockchain-based platforms, together with the world’s most used community Ethereum. Twister Money, a well-liked cryptocurrency service that enables customers to masks …