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Vitalik Buterin’s Privacy Pool proposal is just the start

Published 09/25/2023, 07:00 PM
Updated 09/26/2023, 06:20 AM
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By now, most of the cryptosphere has heard of Privacy Pools — a project launched this year by Ameen Soleimani, a well-known developer and founder. As a former contributor to Tornado Cash, Soleimani aimed to “fix” the popular open-source solution for anonymising Ethereum transactions in order to make it regulator-friendly.

The original teaser, shown in March, was based on an idea initially espoused by Ethereum co-founder Vitalik Buterin in 2022. But it somehow failed to attract the attention of the crypto hive-mind. It was only weeks ago — after Buterin authored an academic paper on the subject — that it began making the rounds more widely on social media.

Hugo Volz Oliveira is a founding member at New Economy Institute, an advocacy group focused on making Portugal and Europe more crypto friendly. Oliveira started working in crypto in 2017 as the lead analyst at the London Block Exchange. He also coordinated the development of the Portuguese Federation of Associations for the Crypto Economy (FACE) and the organization of the The Reg3 Conference with the EU Crypto Initiative.

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