Ethereum faces 12-month deadline on privacy or risks obsolescence

Amid price stagnation and declining market share, Ethereum has identified privacy as its next key growth driver. However, some observers believe the network could become obsolete if it fails to deliver tangible progress on this front within 12 months, CryptoSlate reported. The pressure is mounting for Ethereum to secure the transaction confidentiality demanded by institutions to maintain its position as the base settlement layer, especially as privacy-focused assets like Zcash and Monero gain market traction. In response, Ethereum founder Vitalik Buterin has outlined a three-part technical roadmap for privacy, including FOCIL to prevent transaction censorship, Account Abstraction and Keyed Nonces to anonymize account behavior patterns, and Kohaku for wallet-layer privacy.