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Futures
Futures
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Options
HOT
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Simple Earn
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Buy low and sell high to take profits from price fluctuations
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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
Join Gate Ambassadors for more than just creating — embark on an exciting journey! 💡
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Details: https://www.gate.com/zh-tw/announcements/article/47455
Ethereum developers have proposed a privacy WETH new protocol cWETH, supporting anonymous P2P transactions.
Gate News bot message, Ethereum developer @Arvolear proposed a new protocol concept called Confidential Wrapped Ethereum (cWETH), which enhances the privacy protection features for Ethereum users through Application Layer technology.
The protocol uses the EC Twisted ElGamal commitment scheme and zk-SNARKs technology to encrypt balances and transfer amounts, enabling anonymous peer-to-peer payments, donations, and transaction functionalities without the need for centralized entities to participate.
Currently, cWETH has released a draft and is soliciting feedback from the community, with plans to further develop it into an official EIP standard.
Source: Wu Shuo
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