The Ethereum Foundation (EF) has determined that strengthening the privacy of its network users is a priority.
As reported by CriptoNoticias, within this framework, he established a new working group consisting of researchers, engineers and cryptographers. they will work with that purpose On Ethereum.
One of the tools they’re working on is Kohaku, defined by EF as “a set of primitives that allows you to:” Wallets are secure and process private transactions Minimize dependence on trusted third parties.
Primitives are basic technical components, such as cryptographic functions and security modules. Various applications are built.
The Ethereum Foundation is betting that by developing its own primitives, wallets will be able to perform secure and private operations. No need to rely on external services to manage data or validate transactions.
In other words, “minimizing third-party dependence” means reducing the need to trust intermediaries to protect keys, process payments, and protect user information.
When the Ethereum Foundation talks about standalone wallets, we are referring to applications that do not rely on external infrastructure or services to function. Examples include centralized servers, intermediate validators, and third-party APIs (application programming interfaces).
Many current wallets (e.g. Metamask) trust with external services It can also connect to networks (Infura, Alchemy, etc.), retrieve prices, and handle certain operations.
This dependency implies some of the user’s privacy and sovereignty. influenced by those intermediaries.
What is Kohaku for and what features does it have?
Kohaku Kit, a collaboration between Vitalik Buterin and EF developer Nicolas Consigny, aims to provide other developers with an SDK (software development kit) with privacy and security features. Create a wallet that natively incorporates these features.
Additionally, Kohaku’s implementation ensures that “each party to a transaction knows only what is strictly necessary and is exposed to the minimum amount of risk necessary to complete the transaction,” Consigny said.
The main features of Kohaku are:
- Private transmissions from your wallet via various privacy protocols.
- Privately receive funds: You can not only send but also receive cryptocurrencies privately.
- Private payment requests are integrated into the wallet using privacy protocols.
- A consolidated view of the balance across all enabled privacy protocols.
- Social account recovery using zero knowledge (ZK) technologies such as ZKemail and ZKpassport.
Another feature of Kohaku is that each decentralized application (dApp) has a separate account by default, and the connection between the wallet and the application is made using a privacy-oriented protocol.
Amber will also be integrated. Post-quantum security mechanism Based on the Falcon signature scheme and Dilithium algorithm.
Finally, Consigny revealed that the working group behind Kohaku aims to present a preliminary version for the DevConnet event, which will be held from November 17th to 22nd in Buenos Aires, Argentina. The repository warns me that the kit is still in development.