TL;DR
- Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets.
- Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
- The co-founder envisioned a future with advanced interfaces and comprehensive privacy, where digital identity is also protected.
Vitalik Buterin, co-founder of Ethereum, has shared his vision for the future of ETH wallets, addressing the integration of advanced privacy solutions, such as ZK-SNARK technology, and the adoption of Layer 2 (L2) to improve the efficiency and security of the network. In his proposal, Buterin emphasizes that privacy must be a priority. Wallets should adapt to offer more integrated and accessible solutions for users.
One of the key areas of his proposal is the integration of private transfers directly into wallets. So far, users have had to resort to specialized wallets to conduct private transactions, limiting the adoption of these technologies. However, Buterin suggests that these wallets should include the option to manage a “private balance” in a privacy pool. This way, when a user makes a transfer, it would be processed from the pool, and the receiving addresses would be generated automatically and anonymously.
Additionally, he proposes that wallets should not only manage users’ funds but also store private data securely. Protecting off-chain information is a challenge, as the private key is the only barrier that guarantees privacy. However, he suggests the implementation of decentralized custody solutions to enhance the security of this data.
Vitalik Buterin Proposes a Future Focused on Privacy and Anonymity
The solution to the dependency on RPC providers is also a concern for Vitalik. He proposes the creation of standardized light clients to verify the blockchain’s consensus, both in L1 and L2, which would reduce the risk of RPCs falsifying information or extracting private data from users.
Regarding the evolution of wallets in the distant future, Vitalik points out that the key lies in integrating privacy not only in transactions but also in users’ digital identities. The incorporation of technologies like ZK-SNARK would allow the construction of a system where each user action is disconnected from others, ensuring robust privacy in both transaction and identity terms.
Finally, Vitalik Buterin also envisions a future where user interfaces evolve into new paradigms, implementing the use of artificial intelligence or brain-computer interfaces, which could completely transform the way we interact with our wallets and decentralized applications