EndtoEnd – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 02:15:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 EndtoEnd – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum developers set sight on introducing end-to-end privacy https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/ https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/#respond Mon, 15 Sep 2025 02:15:12 +0000 https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/

Ethereum developers are endeavoring to ensure that the second-largest blockchain lives up to one of the foundational tenets of the crypto community: end-to-end privacy.

In a post on Friday, the Ethereum Foundation’s ‘Privacy & Scaling Explorations’ team rebranded to ‘Privacy Stewards of Ethereum’ (PSE). The team laid out a roadmap to “make privacy on Ethereum the norm rather than the exception.”

The team aims to ensure that comprehensive end-to-end privacy is embedded across Ethereum’s technical stack, from protocols and infrastructure to applications and wallets. Privacy will become a part of Ethereum’s major use cases, like finance, identity, and governance, the team stated.

At the same time, the team noted that Ethereum’s privacy features will remain compliant with global regulations.

Why privacy on Ethereum matters

According to the PSE team, ensuring privacy on Ethereum is key to protecting the users who rely on the blockchain. The PSE team stated:

“Ethereum is on the path to becoming the settlement layer for the world, but without strong privacy, it risks becoming the backbone of global surveillance rather than global freedom.”

Moreover, without privacy guardrails, users and institutions will move elsewhere, rendering the blockchain redundant.

Private reads, writes, and proving

The PSE team will focus on three core areas: private reads, private writes, and private proving.

Private reads will enable users to read from Ethereum without revealing their identities or intents. In other words, the network-level privacy will ensure there is no surveillance or metadata leakage when users query, browse, or authenticate with Ethereum apps.

Under the private reads umbrella, the team is working on privacy-preserving Remote Procedure Call (RPC) services. Usually, RPCs can leak private data, like IP addresses or which accounts the user is interested in. Therefore, the PSE team has created a private RPC working group consisting of internal researchers and engineers, and external advisors.

The PSE team will also focus on making writing to Ethereum privately feasible and affordable. This means sending private transfers, casting a vote, or interacting with apps will become easier.

For private writes, the team will continue working on PlasmaFold, an experimental Layer 2 chain that will add private transfer features.

Lastly, the team will work towards ensuring that proving any data on Ethereum is private and accessible. The roadmap also includes goals like improving data portability and private identity for private proving.

While the team will focus on these areas for the foreseeable future, it added:

“Specific priorities and initiatives within [these] tracks will vary in their investment timelines and deliverables, and will evolve with the ecosystem, but we expect these general focus areas to persist for the next few years.”

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Ethereum Foundation’s Privacy Team Rebrands as PSE, Unveils End-to-End Onchain Privacy Roadmap https://earlybirdsinvest.com/ethereum-foundations-privacy-team-rebrands-as-pse-unveils-end-to-end-onchain-privacy-roadmap/ https://earlybirdsinvest.com/ethereum-foundations-privacy-team-rebrands-as-pse-unveils-end-to-end-onchain-privacy-roadmap/#respond Sun, 14 Sep 2025 18:30:14 +0000 https://earlybirdsinvest.com/ethereum-foundations-privacy-team-rebrands-as-pse-unveils-end-to-end-onchain-privacy-roadmap/

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Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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The Ethereum Foundation’s Privacy & Scaling Explorations team rebranded as Privacy Stewards for Ethereum (PSE), unveiling an ambitious roadmap to make privacy the default rather than exception across Ethereum’s technical stack.

The transformation shifts focus from cryptography exploration to problem-first solutions addressing Ethereum’s surveillance vulnerabilities.

PSE’s new mission centers on three core tracks: private writes to make on-chain actions as cheap and seamless as public ones, private reads enabling surveillance-free blockchain queries, and private proving for accessible data verification.

The initiative follows Vitalik Buterin’s April advocacy for privacy as essential to Ethereum’s survival as a global settlement infrastructure.

The roadmap warns that without robust privacy protections, Ethereum risks becoming “the backbone of global surveillance rather than global freedom.”

PSE emphasizes that institutions and users will migrate elsewhere if private transactions, identity, and data remain compromised by public blockchain transparency.

From Cryptography Lab to Privacy Stewardship Mission

PSE abandoned its previous approach of pursuing “cool tech” for concrete problem-solving focused on ecosystem outcomes rather than internal projects.

The rebrand includes website updates to pse.dev and restructured team goals with particular emphasis on subtraction by default and problem-driven resource allocation.

The strategy involves continuous problem mapping, execution decisions across lead-support-monitor engagement levels, and public communication through newsletters, community calls, and working groups.

PSE draws inspiration from Protocol and EcoDev announcement simplicity while addressing feedback from Vitalik Buterin, Silviculture Society, and EF management.

Key initiatives include PlasmaFold development for private transfers using PCD and folding, targeting proof-of-concept by Devconnect.

The team continues to develop the Kohaku privacy wallet, focusing on zk account recovery frameworks and keystore implementation for stealth addresses.

Private governance efforts focus on a “State of private voting 2025” report while collaborating with Aragon on protocol integrations.

The Institutional Privacy Task Force launches with the EF EcoDev Enterprise team to unblock adoption through privacy specifications and proof-of-concepts.

Another key aspect of this new direct is PSE’s data portability. It tracks advances in TLSNotary development for production-ready zkTLS protocols, while building SDKs that enable seamless integration across mobile, server, and browser platforms.

Additionally, network privacy initiatives include Private RPC working groups, ORAM solution integration for privacy-preserving state reads, and sphinx mixing protocol implementation for broadcast privacy.

The team has stated that it will methodically study ORAM and PIR state-of-the-art techniques while translating research into practical wallet and browser experiences.

Industry Experts Warn Public Ledgers Threaten Mass Adoption

The privacy push addresses growing concerns from industry veterans about Ethereum’s transparency model.

In an interview with Cryptonews in August, British Gold Trust’s Petro Golovko argues public blockchains expose salaries, business deals, and balance sheets, making crypto “unusable for regular people and impossible for institutions.

Golovko compares current blockchain transparency to the pre-SSL internet, when users refused to enter credit card numbers due to a lack of encryption.

He maintains that crypto remains stuck in this vulnerable phase, preventing the scaling that transformed e-commerce into a $6 trillion industry.

Institutional adoption concerns center on the exposure of trade secrets and the competitive disadvantage resulting from visible treasury movements.

Golovko warns that no board will approve systems exposing supply chains or financial operations globally, limiting crypto to speculation rather than serious commerce.

Vitalik Buterin’s April privacy advocacy stemmed from similar concerns about AI-driven surveillance and data misuse eroding personal autonomy.

His roadmap outlined four areas for enhancing privacy: anonymous payments, application-level privacy, secure data access, and network obfuscation.

The Ethereum co-founder advocated for wallets to integrate tools like Railgun and Privacy Pools, creating “shielded balances” that enable private-by-default transactions.

He emphasized that separate addresses per dApp would eliminate traceable links between applications while maintaining usability.

European regulatory pressure adds urgency to the development of privacy.

Community member Eugenio Reggianini outlined GDPR compliance practices that require personal data to remain off-chain, with blockchain nodes relaying only encrypted references or proofs, rather than identifiable information.

Looking forward, the team aims to accelerate ecosystem adoption through community initiatives with privacy and robust security at the center of its decentralized identity systems.


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Zama Raises $57M in Series B to Bring End-to-End Encryption to Public Blockchains https://earlybirdsinvest.com/zama-raises-57m-in-series-b-to-bring-end-to-end-encryption-to-public-blockchains/ https://earlybirdsinvest.com/zama-raises-57m-in-series-b-to-bring-end-to-end-encryption-to-public-blockchains/#respond Wed, 25 Jun 2025 22:02:00 +0000 https://earlybirdsinvest.com/zama-raises-57m-in-series-b-to-bring-end-to-end-encryption-to-public-blockchains/

[PRESS RELEASE – Paris, Zug, France/Switzerland, June 25th, 2025]

Zama Raises $57M in Series B to Bring End-to-End Encryption to Public Blockchains

  • With new backing by leading U.S. blockchain investors, Zama becomes the world’s first Fully Homomorphic Encryption (FHE) unicorn.
  • Funding coincides with the announcement of the Zama Protocol, which enables confidential applications on any blockchain.
  • From July 2025, developers can start building FHE applications on Zama’s public testnet.

Zama, the open-source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain, announced a $57 million Series B funding round co-led by U.S.-based investment firms Blockchange Ventures and Pantera Capital, bringing Zama’s total funding to over $150 million, and its valuation to north of a billion USD. The new funding will support Zama’s mainnet launch, ecosystem adoption, and research efforts to make financial applications built with FHE scale to thousands of transactions per second.

The timing of Zama’s announcement reflects the accelerating demand within the finance ecosystem for technologies that enable confidential, scalable, and compliant onchain financial applications.

“With this latest raise, Zama becomes the world’s first unicorn in the FHE space, which is a major milestone for the industry. Reaching a $1 billion valuation represents a significant increase that reflects the market’s confidence in our FHE technology and our team’s ability to deliver confidentiality to financial applications onchain” said Dr Rand Hindi, CEO and co-founder of Zama.

The funding coincides with the announcement of Zama’s Confidential Blockchain Protocol and its public testnet in July 2025, enabling developers to build confidential applications through Zama’s FHEVM, with support for other EVM chains and Solana to follow.

Ken Seiff, Co-Managing Partner of Blockchange Ventures, said: “Not since I first saw Ethereum in 2014, have I seen a company commercializing an entirely new technology that could be as foundational to our global technology infrastructure. As finance moves onchain and regulations tighten globally, public blockchains are likely to be the first beneficiaries of what Zama is building. But the opportunity goes well beyond that, as industries such as health care, defense, and virtually all others that use cloud computing could massively benefit from the stepchange in confidentiality and compliance pioneered by FHE, and in particular, Zama.”

“Zama’s FHE protocol launch is a cryptography milestone. By enabling efficient, developer-friendly FHE, Zama unlocks secure, compliant, and verifiable dApps for AI, crypto, and cloud,” said Paul Veradittakit, Managing Partner at Pantera. “The protocol paves the way for onchain identity, financial, and consumer applications—previously out of reach for developers.”

Zama’s FHEVM makes it possible to run confidential smart contracts on encrypted data, guaranteeing both confidentiality and composability. Blockchain-native confidentiality unlocks several use cases:

  • Onchain Finance: Zama enables financial institutions to securely use public blockchains for a range of applications, including confidential stablecoin issuance and payments, asset tokenization, compliance, and more.
  • Confidential Tokens: The ability to keep balances and amounts encrypted onchain enables blockchain companies to distribute tokens confidentially. Investors, team members and other token holders no longer have to publicly disclose their ownership, allowing them to better manage their portfolio and reduce the risk of being targeted by hackers.
  • Identity and Proof of Humanity: The ability to distinguish between humans and AI in onchain applications is essential to the security of onchain finance. With the Zama Protocol, application developers can verify whether a user is human, without disclosing their identity publicly.
  • Network States: Zama enables onchain communities and network states to operate confidentially. From currency to identity, governance and registries, it now becomes feasible to run key infrastructure on public blockchains.

Zama will use the fresh funding to advance the field of FHE and further commercialize its accessibility to blockchain applications and beyond. Zama is actively addressing the core challenges that have historically held back FHE adoption:

  • Speed: At current benchmarks, Zama’s FHE technology is 100x faster than when the company was founded, and is now capable of supporting most onchain payment use cases. Zama is expecting its technology to be 100x more scalable within the next five years, allowing it to address the most demanding onchain applications.
  • Hardware integration: Using GPUs enables Zama to scale to hundreds of transactions per second. Zama is working towards a dedicated hardware-accelerated chip to advance FHE performance, with the ultimate goal of reaching tens of thousands of transactions per second.
  • Developer usability: Using Zama doesn’t require learning new programming languages. Instead, developers can use Solidity and other existing languages, and deploy their applications on their preferred chain.

“This round also underscores a broader shift: confidentiality is no longer a niche concern—it’s a foundational requirement. The broad adoption of blockchain in finance is driving demand for secure, confidential computing technologies,” said Hindi.

About Zama

Zama is an open-source cryptography company building state-of-the-art FHE solutions for blockchain. Its technology enables a broad range of use cases, from confidential finance to Web3 and network states. Zama was founded by Dr. Pascal Paillier and Dr. Rand Hindi, and has the largest research team in homomorphic encryption.

To learn more about Zama, users can visit https://www.zama.ai/.

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