Ethereum developers have proposed a privacy WETH new protocol cWETH, supporting anonymous P2P transactions.

GateNews

2025-06-18 05:27:45

ETH4,99%

Gate News bot message, Ethereum developer @Arvolear proposed a new protocol concept called Confidential Wrapped Ethereum (cWETH), which enhances the privacy protection features for Ethereum users through Application Layer technology.

The protocol uses the EC Twisted ElGamal commitment scheme and zk-SNARKs technology to encrypt balances and transfer amounts, enabling anonymous peer-to-peer payments, donations, and transaction functionalities without the need for centralized entities to participate.

Currently, cWETH has released a draft and is soliciting feedback from the community, with plans to further develop it into an official EIP standard.

Source: Wu Shuo

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