Just came across @EIP7503 — a highly ingenious proposal that effectively converts standard 21k gas ETH transfers into deposits within a privacy pool. The mechanism involves sending ETH to a new address and subsequently proving that the address is actually a burn address. This would also introduce distinct features to ETH compared to LSDs (Liquid Staking Derivatives).

WORM | EIP-7503
@EIP7503
09-01
🏜️Shai-Hulud testnet guide is now available! https://github.com/worm-privacy/shaihulud… The testnet will officially start in 15 minutes, starting from epoch 1! 👇
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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