{"id":12861,"date":"2022-08-08T18:14:49","date_gmt":"2022-08-08T18:14:49","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/"},"modified":"2022-08-08T18:14:52","modified_gmt":"2022-08-08T18:14:52","slug":"vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/","title":{"rendered":"Vitalik Buterin proposes stealth addresses for anonymous NFT ownership"},"content":{"rendered":"<p><\/p>\n<div data-v-28d77a7a=\"\">\n<p>Ethereum co-founder Vitalik Buterin has suggested there may be a \u201clow-tech approach\u201d to incorporating privacy features ito nonfungible token, or NFT, transactions.<\/p>\n<p>In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or ZK-SNARKs, were a more complicated method for stealth addresses for ERC-721 tokens, while proposing his own solution. The Ethereum co-founder suggested instead that smart contract wallets could include a method that would allow the sender to essentially mask their address to third parties.<\/p>\n<p>\u201cYou would be able to eg. send an NFT to vitalik.eth without anyone except me (the new owner) being able to see who the new owner is,\u201d said Buterin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Idea: stealth addresses for ERC721s.<\/p>\n<p>A low-tech approach to add a significant amount of privacy to the NFT ecosystem.<\/p>\n<p>So you would be able to eg. send an NFT to vitalik.eth without anyone except me (the new owner) being able to see who the new owner is.https:\/\/t.co\/UdqK6NAYjn<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1556548617636556800?ref_src=twsrc%5Etfw\">August 8, 2022<\/a><\/p><\/blockquote>\n<p>Buterin posited that using this method, senders would need to include \u201cenough ETH to pay fees 5-50 times\u201d through the transfer chain. However, he added that \u201cmaybe there is a better generic solution that involves specialized searchers or block builders somehow.\u201d<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Vitalik: Centralized USDC could decide the future of contentious ETH hard forks<\/em><\/strong><\/p>\n<p>Finding the balance between semi-anonymity and transparency on the blockchain has been a challenge for many as the crypto space continues to grow. In January, Cointelegraph reported there were cases of users swiping IP addresses off of NFT marketplace OpenSea as well as Metamask.<\/p>\n<p>Buterin will be speaking at Korea Blockchain Week from Aug. 7-14. <\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin has suggested there may be a \u201clow-tech approach\u201d to incorporating privacy features ito nonfungible token, or NFT, transactions. In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or ZK-SNARKs, were a more complicated method for stealth addresses for ERC-721 tokens, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-12861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vitalik Buterin proposes stealth addresses for anonymous NFT ownership | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vitalik Buterin proposes stealth addresses for anonymous NFT ownership | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Ethereum co-founder Vitalik Buterin has suggested there may be a \u201clow-tech approach\u201d to incorporating privacy features ito nonfungible token, or NFT, transactions. In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or ZK-SNARKs, were a more complicated method for stealth addresses for ERC-721 tokens, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-08T18:14:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-08T18:14:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/08\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvYThlZGFhY2QtZjI0Ni00Y2Y1LWJkNWUtNTBjOTIyYTM3MmEzLkpQRw.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1450\" \/>\n\t<meta property=\"og:image:height\" content=\"966\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"Vitalik Buterin proposes stealth addresses for anonymous NFT ownership\",\"datePublished\":\"2022-08-08T18:14:49+00:00\",\"dateModified\":\"2022-08-08T18:14:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\"},\"wordCount\":292,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/08\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvYThlZGFhY2QtZjI0Ni00Y2Y1LWJkNWUtNTBjOTIyYTM3MmEzLkpQRw.jpg\",\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/crypto\/vitalik-buterin-proposes-stealth-addresses-for-anonymous-nft-ownership\/\",\"name\":\"Vitalik Buterin proposes stealth addresses for anonymous NFT ownership | NFT &amp; 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