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Cardano Founder Reacts as Ethereum Unveils New Privacy Roadmap
Cardano founder Charles Hoskinson has sparked debate within the crypto community following his response to Ethereum’s recently unveiled privacy initiative
Over the weekend, the Ethereum Foundation unveiled an ambitious roadmap to introduce end-to-end privacy features to the network
Ethereum New Privacy Push
A core part of this initiative involves rebranding the network’s existing Privacy & Scaling Exploration initiative as Privacy Steward of Ethereum (PSE)
The development comes at a time when the U.S. is exploring proposals to embed government identity checks directly into smart contracts. However, the crypto community kicked against the proposal, with Ethereum’s co-founder Vitalik Buterin referring to privacy as a core human right
Cardano Founder Reacts
This suggests that Hoskinson acknowledges and likely agrees with Ethereum’s new privacy initiative. It is worth noting that Cardano has consistently framed privacy and security as the core pillars of its blockchain development
Cardano Privacy Initiatives
Since its launch in 2017, the Cardano team has researched and implemented several zero-knowledge technologies over the years. This has given rise to several privacy-focused initiatives on Cardano, most notably Midnight, a layer-2 blockchain that prioritizes privacy
Specifically, Midnight is designed to protect users’ data by verifying transactions using advanced zero-knowledge proofs. Interestingly, the Cardano founder has recently hinted at plans to launch a privacy-focused stablecoin on the network, aiming to keep users’ transactions confidential
It is worth noting that Hoskinson was involved in the early development of Ethereum. While Ethereum commands a larger developer base and market share, Hoskinson has consistently positioned Cardano as the more research-driven project committed to long-term sustainability