Could a stealth address system help overcome the blockchain’s lack of privacy protections? VitalikButerin notes that assuring privacy remains a big challenge for the ecosystem, and that “improving this state of affairs is an important problem.”
Toni Wahrstätter, an Ethereum researcher who also reviewed Buterin’s blog post, told CoinDesk: “Stealth addresses have great potential to be used in every transaction in which the interaction between two parties should not be revealed to the public.”
Wahrstätter emphasized the need for the stealth address system for the expansion of everyday crypto use: “In particular, think of donations or simply payroll checks,” highlighting that users may not want others to see their personal transactions on a public blockchain. “For example, when I buy a coffee at the supermarket, I might not want the supermarket to know my employer, how much I earn and what I spend it on," Wahrstätter added."Stealth addresses are yet another, quite straightforward tool to increase the overall privacy in the network.”
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