- 0xbow is introducing Privacy Pools to the Ethereum blockchain.
- Privacy pools protect the transaction history of users without any legal complications.
The successful implementation of Bitcoin cryptocurrency using blockchain technology opened up numerous possibilities for tech enthusiasts. Blockchain holds the potential to disrupt almost all of the major traditional industries. Some of them, such as decentralized finance, are already taking place, thanks to the development of the Ethereum blockchain.
0xbow announced the launch of a new “Privacy Pools” feature on the Ethereum blockchain. What makes this launch noteworthy is that it is based on a research paper co-authored by Vitalik Buterin in 2023. This resulted in the first-ever on-chain privacy tool mainnet launch on March 31 by 0xbow.io.
gm Ethereum ☀️
It is our great honor to announce the mainnet launch of Privacy Pools!
ETH users can now achieve on-chain privacy, while still dissociating from illicit funds
It is now up to all of us to Make Privacy Normal Again 🫡
More info in this thread 👇 pic.twitter.com/3nJO0AxoD1
— 0xbow.io (@0xbowio) March 31, 2025
These “Privacy Pools” work based on zero-knowledge proofs and an “Association Set Provider” to prevent illicit funds. This new system ensures that funds are not associated with hackers and malicious actors. The new privacy pools feature not only hides the transaction history of users, but also ensures security and privacy.
Vitalik Buterin Supports Privacy Pool Feature by 0xbow
Ethereum co-founder Vitalik Buterin supports the Privacy Pool feature by 0xbow. He was among the first people to test the feature. Buterin shared a screenshot of depositing 1 ETH earlier today. Being one of the co-authors who inspired the “Privacy Pools” features, Vitalik Buterin was quick to test the feature.
This new feature limits deposits to 1 ETH, and the minimum deposit is limited to 0.1 ETH since it is still in the initial stages. The 0xbow team will increase the deposit limits as the technology improves. One of the posts of 0xbow read,
“The road to making privacy normal again is long and exciting, and we can’t do it alone! 0xbow is looking to strengthen our team.”
This new development by 0xbow, focusing on improving privacy, opens doors to a new era in the blockchain space. It will be no surprise if we see more projects coming forward with innovative solutions to address privacy concerns in the near future.
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