Ethereum Foundation reveals route map to prevent surveillance

An Ethereum team has released a route map to guarantee privacy on its blockchain, warning that without strong protection runs the risk of becoming a tool for global supervision.

The Privacy Stewards of Ethereum (PSE), a group within the Ethereum Foundation that is previously known as privacy and scales of scale, said that the route map emphasizes three priorities.

Private threads to make private actions in chains as cheap and seamless as public, reads private to make it possible to gain access to blockchain data without revealing identity, and prove private prove to accelerate and accelerate verification, while it remains confidential.

The push is because regulators in the US weigh measures that can impose security requirements on decentralized financing, which increases concern about privacy erosion. The privacy route map could help Ethereum to further strengthen its position if the leading Dapp -Blockchain further, with almost 60% of the total value and a dominant share of 60% in the issue of Stablecoin.

TVL by blockchain (source: Upset))

Ethereum threatens to become “backbone of global surveillance”

“Ethereum is on its way to becoming the settlement layer for the world, but without strong privacy it threatens to become the backbone of global surveillance instead of global freedom,” said the PSE team in the route map. “If Ethereum does not build up privacy, it cannot protect the people who trust it.”

To prevent the Ethereum blockchain from becoming a global supervisory instrument, the PSE team said that it will work with different protocol teams “to ensure that any L1 changes needed to make a strong, censorship-resistant intermediary-free privacy possible.

Some of the functions on which the PSE team will work (source: X))

“Specific priorities and initiatives within tracks will vary in their investment periods and delivery blocks, and will evolve with the ecosystem, but we expect these general focus areas to last in the coming years,” the team wrote.

US presents Defi identity controls

The route map to strengthen privacy on the Ethereum -Blockchain comes when American government officials are considering the rules for the crypto industry. The US Department of Treasury is already investigating proposals to add government identity controls to smart contracts that have drawn a declaration of the pro-privacy crypto community.

Ethereum co-founder Vitalik Buterin has repeatedly advocated privacy and says it is an essential human right. In April he warned that transparency could be more a bug, instead of a position, in the digital age.

Buterin also said that privacy was needed to protect people in a time of growing state power and large, centralized companies.

Related articles:

Best Wallet – Diversity your Crypto -Portfolio

• Easy to use, with function driven crypto-wallet
• Get early access to upcoming token ICOs
• Multi-chain, Multi-Wallet, Non-requiring
• Now in App Store, Google Play
• Commitment to earn native token $ best
• 250,000+ monthly active users