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Confidential Paymanets Landscape

  • Railgun enables private and confidential payments through zero-knowledge proofs and symmetric encryption, hiding various transaction details.
  • Multiple protocols like EncryptedERC, Privacy Pools, Zether, Nocturne, Panther protocol, cWETH, and Zeto offer different approaches to confidential transactions and privacy in the DeFi space.
  • Efforts are being made to formalize privacy standards on Ethereum through proposals like EIP-7945 for confidential token ERC and ERC-5564 for implementing stealth addresses.
  • The current landscape highlights the necessity of confidentiality on Ethereum, with different cryptographic models providing varying levels of privacy, usability, and performance.

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