Sassal.eth 🎩⛽ on Warpcast

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https://ethereum.org

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Sassal.eth 🎩⛽ pfp

Sassal.eth 🎩⛽

EIP-7503 would be one of the most bullish things to ever happen for Ethereum if it was implemented. Private ETH transfers on mainnet that can then be replicated on EVM layer 2's. The holy grail.

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Dean Pierce 👨‍💻🌎🌍 pfp

Dean Pierce 👨‍💻🌎🌍

@deanpierce.eth

I love the idea of selling EIP-7503 as an L2 native bridging solution as to not startle the anti-privacy folks 😄 That's a fun angle I hadn't considered before.

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Danny pfp

1. You can do this with a wrapped ETH token, or even better, wrapped staked-ETH token, today, no EIP required. rETH for example can migrate to a contract that supports this. 2. Adding this to ETH will mean a huge amount of trust in the code and math. Bugs may mean someone can mint free ETH, and we will have no way of knowing it. Unlike regular exploits, we may not know we've been hacked. Something similar happened with zcash (probably only by the good guys). I'm not saying this is a bad idea, I am saying I would like to see it implemented on a token first, and probably formal verification in addition to bug-bounty and multiple audits.

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Artur pfp

Almost no one don't understand it

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highplains.base.eth 🎩✨🔴 pfp

highplains.base.eth 🎩✨🔴

jesus,, that sounds wild.

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J Milles 🎩 pfp

I don’t yet know what this means but I can’t wait to listen to a Refuel explanation.

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Watchmaker.base.eth 🎩 pfp

Watchmaker.base.eth 🎩

ETH as a privacy token is something I can get behind

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0xbloom pfp

Who can explain this to me like a 5 year old

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xiaoyubaobao pfp

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Crypto Maxi Since 2017 pfp

Crypto Maxi Since 2017

@tombraidercrypto

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yrtommy pfp

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Vicmason pfp

New technology I guess, I’ll look it up!

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nganvu pfp

The only inflation indicator that matters

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Andy pfp

Is someone trying this on a different network first?

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Felix pfp

is there already a probability traded on polymarket? 😀

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Fels pfp

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Pau 🎩 ⛓️‍💥 pfp

Pau 🎩 ⛓️‍💥

This is beautiful! Simple and powerful. However @sassal.eth in order to mint the burned ETH in other L2s, there must be a Nullifier mechanisms among chains, which does not seem easy to implement (since it must be atomic somehow). But for anonymizing ETH within the same chain, its just great.

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