Privacy Pools Launch on Ethereum Blockchain
Privacy-focused infrastructure provider 0xbow has introduced Privacy Pools, a blockchain tool designed to protect users’ transaction history while complying with legal standards.
Announced on March 31 via X, 0xbow’s mainnet launch allows Ethereum users to maintain on-chain privacy while avoiding illicit funds, utilizing zero-knowledge proofs for private ERC-20 token transfers.
Unlike earlier privacy mixers, Privacy Pools screen deposits to block stolen or illicit funds. Ethereum co-founder Vitalik Buterin, a co-author of the initial Privacy Pools research paper, has openly supported the project and was among the first to deposit ETH after the mainnet launch.
The system employs “Association Sets,” which group transactions and ensure they aren’t linked to malicious actors. If a deposit is flagged later, it can be removed without impacting other entries in the pool.
