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Vitalik Buterin proposes stealth addresses for anonymous NFT ownership

Published 08/08/2022, 01:45 PM
Updated 08/09/2022, 05:40 AM
Vitalik Buterin proposes stealth addresses for anonymous NFT ownership
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Ethereum co-founder Vitalik Buterin has suggested there may be a “low-tech approach” to incorporating privacy features into nonfungible token, or NFT, transactions.

In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or zk-SNARKs, were a more complicated method for stealth addresses for ERC-721 tokens while proposing his own solution. The Ethereum co-founder suggested instead that smart contract wallets could include a method that would allow the sender to essentially mask their address to third parties.

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