Ethereum co-founder Vitalik Buterin has joined forces with core developer Ameen Soleimani, Chainalysis researcher Jacob Illum, and industry scholars Fabian Schar and Matthias Nadler to co-author a groundbreaking research paper. 

In a move aimed at bolstering privacy on the Ethereum blockchain while navigating regulatory scrutiny, the paper introduces “Privacy Pools,” designed to serve as a compliant alternative to the now-blacklisted Tornado Cash.

The blacklisting of Tornado Cash by the US Department of the Treasury, in collaboration with the Department of Justice (DOJ) and the IRS, sent shockwaves through the cryptocurrency community. Its developers, Roman Storm and Roman Semenov, were accused of laundering over $1 billion for the notorious Lazarus Group, a North Korea-linked …