TipMeACoffee

#stealth
mahmud552
@mahmud552 in Status·2 years ago

This would enable two #parties to transact without being visible to the public. However, #stealth addresses are an incomplete solution as they don’t account for full DeFi functionality.

yarika
@yarika in Status·2 years ago

Buterin says that as of now, the best way to tackle privacy on #Ethereum is through #stealth addresses.

anthim
@anthim in Status·2 years ago

Buterin suggested that #stealth #addresses may introduce “longer-term usability concerns,” such as social recovery issues.

anthim
@anthim in Status·2 years ago

Basic #stealth #addresses can be implemented fairly quickly today.

anthim
@anthim in Status·2 years ago

In August, he dubbed #stealth addresses as a “low-tech approach” for anonymously transferring ownership of ERC-721 tokens — otherwise known as #NFTs.

anthim
@anthim in Status·2 years ago

It also isn’t the first time Buterin has discussed the concept of #stealth addresses in #Ethereum.

anthim
@anthim in Status·2 years ago

would need to be implemented to ensure that the link between the #stealth address and the #user’s meta-address can' be seen publicly.

anthim
@anthim in Status·2 years ago

The effect of this is that a new #stealth address is generated for each new #transaction.

anthim
@anthim in Status·2 years ago

Publishing a temporary key to confirm that the #stealth #address belongs to the receiver.

anthim
@anthim in Status·2 years ago

The sender can then #transfer assets to the receiver’s #stealth address in addition.

anthim
@anthim in Status·2 years ago

Firstly, a user looking to receive assets will #generate and keep a “spending key” that is then used to generate a #stealth meta-address.

anthim
@anthim in Status·2 years ago

While the concept of #stealth addresses appears #complex in theory.

kangkung
@kangkung in Status·2 years ago

Buterin says that as of now, the best way to tackle privacy on #Ethereum is through #stealth addresses.