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Privacy Pools launch on Ethereum, with Vitalik demoing the feature

cryptoweekly by cryptoweekly
April 1, 2025
in bitcoin, News
0

Ethereum co-founder Vitalik Buterin was one of the first to deposit on the platform, sending one Ether.

A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities.

The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made one of the first deposits on the platform. 

0xbow.io said that it implements “Association Sets” to batch transactions into the anonymous Privacy Pools and that a screening test is conducted to ensure that those transactions aren’t linked to illicit actors, such as hackers, phishers and scammers.

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Recent Posts
  • SEC floats conditional relief to boost blockchain use in securities trading
  • Ether clocks ‘insane’ 20% candle post Pectra — a turning point?
  • Metaplanet is raising another $21M through bonds to buy more Bitcoin
  • Bitcoin accepted at fast food chain Steak ’n Shake from May 16
  • Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum
  • Apple makes progress toward its first pair of smart glasses: Report
  • AI decentralized apps are coming for the Web3 throne: DappRadar

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