Derived from Coindesk, Ethereum developers are advancing a zero-knowledge protocol to enhance privacy in on-chain interactions, beginning with a 'Secret Santa'-style matching system. The protocol, discussed in an Ethereum community forum, uses zero-knowledge proofs to verify sender-receiver relationships without revealing identities, and a transaction relayer to maintain anonymity. The system aims to address issues of transparency, randomness, and Sybil-resistance on Ethereum. Participants register Ethereum addresses and submit random numbers through the relayer, ensuring no one can trace actions to specific wallets. The protocol could expand into broader use cases like anonymous voting, DAO governance, and private airdrops.
Ethereum Devs Refine ZK Protocol for On-Chain Privacy, Starting with Secret Santa System
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