Ethereum's recent performance has been quite interesting — calm during the day, but intense at night. The key driver behind this is the systemic upgrade of privacy infrastructure.

Breaking it down, the core innovations focus on three dimensions:

**On-chain**: Integration of privacy pool protocols, using zero-knowledge proofs to hide transaction details while supporting compliance proofs. This protects privacy without sacrificing regulatory friendliness.

**Network layer**: Achieved through Helios light clients for local validation, directly reducing dependence on centralized RPC services. It inherently protects your IP and metadata.

**Behavioral**: Adopting a default "one dApp, one account" strategy to completely prevent on-chain behaviors from being linked across different applications.

This set of solutions is fundamentally different from the current common wallet schemes — which generally involve transparent transactions, heavy reliance on centralized services, and a single address interacting across all applications. The upgrade aims to enable mainstream wallets to easily integrate these privacy features like building with LEGO blocks.

Of course, the project is still in early stages, with challenges in technical integration and ecosystem deployment, but this marks a crucial milestone for Ethereum privacy from theoretical protocols to practical engineering. Privacy is shifting from an optional feature to a necessary infrastructural layer.

From an investment perspective, I personally focus on spot holdings: core assets are BTC, ETH, BNB, with some mainstream meme tokens on the Ethereum chain as satellite positions.

#加密生态动态追踪 $ETH $BNB