vitalik introduced Kohaku—ethereum’s native and compliant privacy framework. it's the biggest privacy upgrade path ethereum has ever outlined. i try to explain the flow in the most intuitive way possible. so let's say alice wants to send $1k to bob. 1. say bob has a normal wallet. (0xABC...) 2. bob creates a stealth keypair linked to his real wallet. 3. alice derives a one-time stealth address from bob's stealth key. 4. alice sends money to the stealth address. 5. bob scans the network to see if his stealth key's addresses received funds. 6. the stealth address alice sent the funds to expires. in essence, Kohaku creates an ephemeral stealth address with your public key, which lets you execute a private action without revealing the link to your main wallet. this is a game changer, but why is it compliant? you can publicly reveal the linkage if required (for regulation, audits, institutions). but the blockchain does NOT automatically expose it. believe in somETHing.