EIP-7503
Zero-Knowledge Wormholes
Enable minting of secretly burnt Ethers as a native privacy solution for Ethereum
StagnantSplurge
Status history
- Draft14 Aug 2023
- Stagnantdate not observed
Abstract
While researching on privacy solutions and applications of ZKP, we discovered a technique, by which people can burn their digital asset (E.g ETH) by sending it to an unspendable address, and later build a ZK proof showing that some amount of tokens reside in an account that are unspendable, without revealing the account. The EIP proposes to add a minting functionality to Ethereum, so that people…