Ethereum’s Buterin Proposes ‘Stealth Addresses’ to Enhance Privacy Protections
Ethereum co-founder Vitalik Buterin released a new blog post over the weekend proposing a “stealth address system” for enhanced privacy protections for blockchain users.
In his writing, Buterin notes that assuring privacy remains a big challenge for the ecosystem, and that “improving this state of affairs is an important problem.”
Stealth addresses are generated by wallets and muddle public key addresses in order to transact in a private way. To access these private transactions, one must use a special key called the “spending key.”