Join the larget crypto conference of 2022 in Bitcoin


Developers may introduce Stealth Address technology in Ethereum

0
(0)
Developers may introduce Stealth Address technology in Ethereum 2

Ethereum blockchain network may turn into a privacy-focused Blockchain network because of the new technology Introduction plan. 

Ethereum is the second biggest Cryptocurrency in the crypto industry and here Ethereum doesn’t need any kind of Introduction but in the present Ethereum is traveling through that era of the digital world, where it needs to step with the actual need, what people want like efficiency & low-cost transactions. The developers are working to shift the Ethereum blockchain from Pos to Pow consensus.

Stealth Address is a special type feature that can be added to any blockchain but needs talented developers who can implement it without any issue. In the past, Ethereum developers talked about this technology but now this concept is getting significant traction in the Ethereum community.

If Stealth Address will be introduced in the Ethereum blockchain then Soulbound tokens based on the ERC-721 token format can become completely anonymous, which makes it more secure for usage. But the main problem associated with this thing is new questions about the decentralized nature of the blockchain network. 

However, this concept is out of context for the Ethereum supporters because people believe that Ethereum blockchain doesn’t need this kind of concept technology use because Ethereum blockchain may lose some transparency features and may welcome some issues, for example people can misuse the platform by remaining anonymous. 

However there are already many anonymous-focused cryptocurrencies like Monero, and Litecoin, So there are chances that Ethereum developers may ignore this plan. 

The merge

At present, the Ethereum blockchain project is going through “the merge” upgrade. This year, under this upgrade plan, the Ethereum network will shift to Proof-of-stake and further developers will be able to introduce high scalability & efficiency in the network, to make the Ethereum network affordable for small Ethereum blockchain ecosystem users. 

Read also: Tornado Cash failed to stop money laundering: US Treasury

Developers may introduce Stealth Address technology in Ethereum

 

https://bitcoinik.com/developers-may-introduce-stealth-address-technology-in-ethereum/feed/

https://bitcoinik.com/developers-may-introduce-stealth-address-technology-in-ethereum/feed/

 

 

 

 

 

Ads by Cryptonews24

 

koinswap

🚀🚀Get ready for the biggest ICO of 2022.
✅ICO starts from August 16, 2022
✅ICO= Initial Coin Offering. Where you can purchase tokens at base price.
✅ICO has different rounds with different price.
✅Round-1 price: $0.0005
✅Round-2 price: $0.001
✅Round-3 price: $0.002
✅Round-4 price: $0.004
✅Round-5 price: $0.008

👉ICO will be finished on September 15, 2022.
👉Trading will start after ICO completion.

🚀🚀EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)🚀🚀

👩🏻‍💻For more details pls read pdf in marketing tools section in dashboard.

#koinswap #kst #nft #metaverse #blockchain

𝙍𝙀𝙂𝙄𝙎𝙏𝙍𝘼𝙏𝙄𝙊𝙉 𝙇𝙄𝙉𝙆👇🏽
https://koinswap.io/register?referralcode=CFxqfP
▬▬▬▬▬▬▬▬▬▬▬▬▬▬

THIS IS A LIFE CHANGING OPPORTUNITY

*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*

TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
👇👇👇👇👇👇
https://koinswap.io/register?referralcode=CFxqfP

JOIN THE GROUP FOR MORE UPDATES
https://chat.whatsapp.com/BGUVkqhI6mg1p9XdJXzBwl

In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA

https://koinswap.io/register?referralcode=CFxqfP

—————————————————————————————————————————————-

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

TELEGRAM
Cryptonews24 Channel Chat