TechFlow reports that on May 11, Ethereum co-founder Vitalik Buterin stated in a research article published on May 10, 2026, that to drive mass adoption of cryptocurrency payments, the industry must shift from “pseudonymity” to “default privacy.” He proposed replacing standard transfers with zero-knowledge proof (ZK)-based transactions. According to Buterin, Ethereum’s Layer 2 networks can achieve private payments at speeds and costs approaching those of public transactions—leveraging recursive SNARKs and a “ZK API usage points” system—while supporting selective disclosure and compliance proofs, thereby safeguarding balance and transaction history privacy while meeting anti-money laundering (AML) regulatory requirements.
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