Monero-Style Privacy Is Ready for Ethereum – Who Will Implement It?

What if ethereum looked more like monero?

Fusing the privacy features of the latter into ethereum would make many of the platform’s stakeholders, including developers who have been working on privacy-enhancing features for some time, excited. But privacy techniques are rarely utilized because of the serious trade-offs presented – such as larger storage requirements and more expensive transactions.

However, during the Privacy Enhancing Technologies Symposium (PETS) in Barcelona this week, two researchers presented their findings on a technique called Mobius that uses mixing solutions to obscure the payment information of ether transactions.

Detailed by the authors of the white paper, Rebekah Mercer and Sarah Meiklejohn, during the conference, Mobius isn’t bogged down by the weight of typical privacy tech – indeed, using cryptographic primitives that were added to ethereum in October, transactions that use Mobius cost only a little more than a standard ethereum transaction…