Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ethereum Rises 7% on Familiar Rebound Cue, But On-Chain Data Flags Critical Risks

10/03/2026

Trump’s State of the Union Address Triggers a Controlled Surge for Cryptocurrencies

10/03/2026

Bitpanda expands into stocks and ETFs with universal exchange push

10/03/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Rises 7% on Familiar Rebound Cue, But On-Chain Data Flags Critical Risks

    10/03/2026

    Ethereum’s Tug-of-War at the $2,000 Mark Raises Market Anticipation

    10/03/2026

    Ethereum ETF Race Heats Up as BlackRock Amends Staking Reward Fee Model

    10/03/2026

    Ethereum price flashes an alarming pattern as ETF outflows rise

    10/03/2026

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Top NFT Sales of the Week, Flying Tulip Takes Top Spot

    09/03/2026

    McLaren F1 Debuts Hedera-Powered MCL/COLLECT Digital Collectibles for 2026 Race Weekends

    08/03/2026

    SuperRare Unveils Liquid Editions

    07/03/2026

    Magic Eden to shut down Bitcoin and EVM marketplaces, pivot to Solana and iGaming

    28/02/2026

    Ethereum Rises 7% on Familiar Rebound Cue, But On-Chain Data Flags Critical Risks

    10/03/2026

    Trump’s State of the Union Address Triggers a Controlled Surge for Cryptocurrencies

    10/03/2026

    Bitpanda expands into stocks and ETFs with universal exchange push

    10/03/2026

    HPX Partners with EmoFi to Tokenize User Information OnChain

    10/03/2026
  • Blockchain

    HPX Partners with EmoFi to Tokenize User Information OnChain

    10/03/2026

    Pundi AI and Clore.ai Partner to Decentralize the AI Lifecycle – From Community Data to GPU Power

    10/03/2026

    EU’s regulated blockchain securities market adds first bank participant

    10/03/2026

    Mastercard and Google Team Up to Build Trust for AI-Powered Shopping

    10/03/2026

    6th Man Ventures partner says blockchain could transform venture capital access

    10/03/2026
  • DeFi

    Pieverse Taps Bitget Wallet to Advance Agentic DeFi Market

    10/03/2026

    USDD’s Dramatic Supply Increase Defies Market Trends

    10/03/2026

    Kodiak adds Orbs’ dSLTP protocol to bring stop-loss and take-profit orders to Berachain

    10/03/2026

    USDT0 Transfer Volume Climbs To New ATH $344.8 Billion Record in Q4 2025 As DeFi Cross-Chain Activity Dominates

    10/03/2026

    Aave’s Revenue Is Up 31%. So Why Is the Token Falling?

    10/03/2026
  • Metaverse

    Meta expands AI agent push with Moltbook acquisition

    10/03/2026

    ‘The Sandbox’ Adds Web-Based Games in Season 7 Accessibility Push

    24/02/2026

    AMD jumps as Meta signs multiyear AI infrastructure partnership

    24/02/2026

    Corning shares surge over 16% after Meta signs $6B data center deal

    27/01/2026

    Mark Zuckerberg’s Meta signs $6B fiber deal with Corning to expand US data centers

    27/01/2026
  • Regulation

    Trump’s State of the Union Address Triggers a Controlled Surge for Cryptocurrencies

    10/03/2026

    Hong Kong to link new digital bond platform with regional tokenization hubs

    10/03/2026

    Donald Trump Makes No Mention of Crypto or Bitcoin in State of the Union Address

    10/03/2026

    Strategy becomes most heavily shorted U.S. stock – but don’t assume pure bearishness

    10/03/2026

    Meltem Demirors Warns of Wall Street’s Crypto Takeover

    10/03/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitpanda expands into stocks and ETFs with universal exchange push

    10/03/2026

    Marek Olszewski: Celo’s mobile wallet revolutionizes peer-to-peer payments, stablecoins cut transaction fees, and Minipay drives user growth in emerging markets

    10/03/2026

    Binance Announces Listing of 4 New Altcoin Trading Pairs on its Margin Platform! Here Are the Details

    09/03/2026

    Numo Launches Bitcoin Tap-to-Pay App for Merchants, Powered by Cashu

    09/03/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Pudgy Penguins launches its ‘Club Penguin’ moment, and the game doesn’t feel like crypto at all

    10/03/2026

    WORLD3 Partners PlaysOut to Bring AI Agents into Web3 Gaming

    10/03/2026

    Pudgy Penguins Launches ‘Pudgy World’ Browser Game

    10/03/2026

    METYA Partners With Kult Games to Expand Web3 Gaming Ecosystem

    05/03/2026

    Public Bitcoin Miners are Dumping Bitcoin for AI, a Historic Mistake

    10/03/2026

    Trump-Linked American Bitcoin Adds 11,298 ASICs, Boosts Hashrate

    09/03/2026

    New model proves miners need Bitcoin above $74k to break even on power

    09/03/2026

    Startup Starcloud Plans First Bitcoin Mining Satellite in Low-Earth Orbit

    09/03/2026

    Central Bank of Brazil to Advance Institutional VASP Regulation by 2027

    10/03/2026

    South Korean FTC Launches Aggressive M&A Review in Digital Markets Amid Crucial Dunamu Deal

    10/03/2026

    5 Events That Will Define Crypto in 2026

    10/03/2026

    The legal battles of Justin Sun

    10/03/2026

    Ethereum Rises 7% on Familiar Rebound Cue, But On-Chain Data Flags Critical Risks

    10/03/2026

    Trump’s State of the Union Address Triggers a Controlled Surge for Cryptocurrencies

    10/03/2026

    Bitpanda expands into stocks and ETFs with universal exchange push

    10/03/2026

    HPX Partners with EmoFi to Tokenize User Information OnChain

    10/03/2026
  • MarketCap
NBTC News
Home»Blockchain»ZKPs, privacy pools, and why Ethereum needs privacy to scale
Blockchain

ZKPs, privacy pools, and why Ethereum needs privacy to scale

NBTCBy NBTC30/04/2025No Comments12 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Aztec Labs chief executive officer Zac Williamson explains why bringing privacy to Ethereum is more than a technical upgrade but a necessity.

Zac Williamson is the co-founder and CEO of Aztec Labs, a layer-2 network focused on bringing privacy to Ethereum (ETH). Before crypto, he earned a PhD in particle physics from Oxford and worked at CERN. In the blockchain world, he’s best known as a co-inventor of PLONK, one of the most widely used zero-knowledge proof systems today.

In a recent conversation with crypto.news, Zac explains why privacy isn’t just a nice-to-have but a core part of what Ethereum needs to grow. He talks about what legitimate privacy in blockchain really means, how privacy pools can offer both privacy and compliance, and why private layer-2s could make it easier to bring real-world assets on-chain.

CN: How do you define privacy in a blockchain context? Is it about anonymity, selective disclosure, or something else entirely?

When I talk about privacy in blockchain, I break it down into three core pillars.

First, there’s user privacy, which means hiding the identities of both the sender and the receiver. Then you have data privacy, which is about keeping transaction amounts confidential. And finally, there’s code privacy, where even the logic being executed on-chain is hidden.

To me, achieving all three is the holy grail of blockchain privacy. That’s the level we should be aiming for if we’re serious about building truly private systems.

And I guess, more generally, privacy in a blockchain context is the ability to leverage information asymmetries on-chain. As in, I can perform a transaction where I know something you don’t know. And this is foundationally important for a lot of basic types of interactions in our daily lives.

For example, when you vote in elections, that’s an information asymmetry. I know how I voted, you don’t know how I voted.

CN: What are the biggest misconceptions about privacy in crypto that you wish the broader ecosystem understood better?

ZW: The biggest misconceptions about privacy and crypto, I think, are that:

a) It’s just about tokens and private token transfers, and;

b) It’s currently viewed as this completely separate sphere from the rest of crypto, like you have DeFi, NFTs, and then privacy, etc.

Well, both of these are wrong, and they’re a function of the technological immaturity of privacy solutions so far. Privacy is not a separate little sphere of crypto, and I think that in the future, all crypto will be private.

If we want crypto to break out of its bubble and interact with the real world systems and more than just technological early adopters, or even compete on a level playing field with web2 and TradFi, we need to provide the same kind of privacy benefits that users normally expect.

With the technology we’re trying to build at Aztec and others in the ecosystem, we have this concept of composable privacy, where just like in an Ethereum smart contract, you get to define the rules and the logic around how you like your transactions.

You can code up your own digital assets, but unlike in transparent blockchains, you have private data as a first class primitive. You can hide who the message and recipients are. You can perform compliance checks on people that require knowledge of sensitive information and ensure that information stays encrypted and nobody sees it, things like that.

CN: Do you think there’s a moral imperative for public blockchains to offer private options, especially in authoritarian contexts? If so, how should the Ethereum community define “legitimate privacy”?

ZW: Well, the main thing about blockchains, one of its core values, is that they’re neutral and permissionless. Anybody can transact on a blockchain and code up their own digital assets. And so, I don’t think it’s really my place to determine what is and isn’t a moral imperative on a blockchain.

There’s a space for both public and private blockchains. However, private blockchains are going to be more valuable and useful. But it’s important to define legitimate privacy, and I think it’s actually quite simple.

As a user, I should have confidence that I’m not enabling bad actors, and because of my participation, I’m not making life easier for criminals and bad actors to use the network for nefarious acts.

To give an example, when you use Tornado Cash, you’re helping bad actors, because you’re increasing the size of the anonymity set that the bad actors can hide in. If you’re using privacy pools, you’re not.

CN: And how does censorship resistance fit into this context?

ZW: The network itself should be censorship-resistant. No one should be able to censor transactions at the protocol level. However, if I’m programming a smart contract on that network, I should have the freedom to define what constitutes a legitimate transaction within that contract.

Privacy is a fundamental human right, and I believe people should have the ability to present themselves privately on-chain. That said, I don’t believe users are entitled to interact with any application however they choose, especially if their actions go against the intentions of the developers or the rules coded into the smart contract.

CN: What’s your take on the Privacy Pools model, which has enjoyed support from Vitalik Buterin, as a middle ground between full anonymity and full transparency?

ZW: I think Privacy Pools is a good first step — one of many. When it was being developed, it had to work within really fierce technological constraints. The idea was, how do we create private transaction tech that can work on Ethereum today? And that means the ZK tech they’re using is relatively primitive, which limits what you can do with it. So yeah, I think it’s a good starting point, but definitely not the end goal.

What we’re chasing at Aztec is full programmability. I’ll give an example of what I mean. There’s a company in our ecosystem called ZKPassport. Basically, modern phones have NFC scanners, and modern passports have NFC chips that can sign digital signatures.

ZKPassport built an app where you can tap your passport to your phone and get a ZKP that shows you have a valid passport. You can choose what information you want to disclose — your nationality, your date of birth, your name, whatever you decide.

You could use that tech for, say, a DeFi application that only citizens of a certain country can access. Instead of someone manually checking passports, the proof happens automatically with digital signatures and ZKPs. It’s permissionless, it’s privacy-preserving, and it ensures strong compliance.

Honestly, that’s a lot more powerful in many ways than what Privacy Pools currently offer. And once you have full programmability in privacy networks, you can build an almost infinite variety of things on top of it.

You might also like: Interview with Alchemy’s Will Hennessy: Pectra’s EIP-7702, why newbies should wait and what blockchain devs should do

CN: Are there any design patterns or UX breakthroughs you think will be key to mainstreaming private transactions?

ZW: Yeah, totally. PLONK is one of the enabling design patterns for UX breakthroughs, I guess. But there are a lot of breakthroughs needed to make private transactions mainstream. The complexity of a private transaction is way higher than a transparent one, because you can’t just broadcast sensitive information to the blockchain. You have to construct everything privately on the client side.

And so the real question becomes: who pays for that complexity? Right now, in 2025, the answer is — the application developer pays, and the user pays. The app developer has a much harder time creating a usable application, and the user is going to have a harder time too. They’ll have to wait longer for proofs to be constructed, and the apps they use might struggle to integrate with the wider web3 ecosystem because they’re operating under different privacy standards.

Within Aztec, my general operating principle has been: okay, complexity in private transactions is much higher — who pays? And my answer is: the cryptography researchers pay, by creating better ZK tech. That’s what we did back in 2019 when we created the first practical universal ZK-SNARK. Since then, it’s been iterated on a lot. The version of PLONK we’re using today is about 250 times faster than what we had in 2019. That allows much more performant applications.

Then, you have language designers and tooling engineers. Their job is to create a programming language that can efficiently turn programs into zero-knowledge proofs — a language where writing private smart contracts is intuitive and simple. That’s what we’ve been doing with Noir, our programming language. It lets you build efficient private apps without needing to be a cryptographer.

Finally, the protocol engineers and blockchain designers have to handle complexity by building chains that have private state semantics baked in from the start, meaning the blockchain understands what’s public, what’s private, that a transaction sender can be anonymous, and so on. That takes an enormous amount of work.

And beyond all that, you need a massive amount of tooling so that developers can build compelling private applications without having to understand deep, sophisticated cryptography. We’re about to launch our testnets, and we’re very confident that the complexity of developing compelling private apps has dropped by orders of magnitude because of what we’ve built.

CN: Do you believe Ethereum should be a fully private base layer eventually, or is privacy better served at the edges with apps or layer-2s like Aztec?

ZW: Privacy comes with a lot more complexity, and I think it’s appropriate for that to be handled by L2s or specialized L1s. It comes with trade-offs. If Ethereum had been private by default, it probably wouldn’t have launched yet. It would be harder to develop, and there would be more security risks.

I do think L1s are going to incorporate more and more privacy tech over time. Building composable privacy requires re-architecting the blockchain model from the ground up. For existing L1s, I think that’s too much of an ask, because it would inevitably break backwards compatibility with their current ecosystems. So yeah, for now at least, I think privacy should very much stay in the domain of L2s and the apps built on top.

CN: Are ZKPs alone enough for privacy, or do we also need network-layer protections like mixnets or private mempools?

ZW: Yeah, we need all of it. We need good infrastructure, we need private mempools. The whole point is to have an end-to-end encrypted blockchain. If I’m doing a very sensitive transaction, like something significant in the real world, nobody should be able to see what I’m doing, apart from whatever app I’m interacting with.

The only entities that should know what I’m doing are the ones needed for the app to function. For example, if I’m paying my mortgage, there shouldn’t be anyone snooping on that. If I’m interacting with a DAO and I live in a country where that kind of work might be disapproved of, I should still be able to do that safely.

I think privacy is a human right, and to really fulfill that, it’s not just blockchain-level privacy. We need full network-layer protections too.

CN: Is the fragmentation of ZK tooling (PLONK, STARKs, SNARKs) a strength or a bottleneck for ecosystem maturity?

Very much a strength. Right now, ZK tech is still in its relatively early stage. There’s a lot of diversity in technologies and proving systems because it’s not clear yet what’s going to be the best long-term solution. Research is evolving every six months in this space.

Every technology solution comes with trade-offs. Some trade-offs will be appropriate for certain applications and not for others. What we need is experimentation. We need a diversity of ideas where multiple pathways are tried out, tested, and either succeed or are destroyed.

I’ll give a minor example of how early standardization can kill a network: France’s Minitel. France basically had a version of the internet decades before anyone else, in the 1980s, because the French government built a proto-information network.

People could access things like train tickets, university exam results — all kinds of services. But they chose terrible architecture. It was highly centralized. Unlike today’s internet, where anyone can build a website, with Minitel you had to petition the government to run an app.

So they were ahead of the curve for a few years, but then they stagnated massively because they standardized on the wrong architecture. Right now, it’s way too early to standardize on anything in ZK. We need far more experimentation and research to figure out what’s really going to stand the test of time.

CN: So, another emerging privacy technology is fully homomorphic encryption. Where are we currently with FHE? Do you see a possibility of having the first fully fledged FHE applications in the market soon?

ZN: It’s extremely valuable, but it needs a few more years in the oven. I’d suggest you listen to people who are experts in FHE and don’t stand to benefit financially from the FHE hype to get a better understanding. It’s too early!

The amount of computation overhead you need to do things in FHE is just so heavy. Which means that, yes, I think it will be good for production soon, but only for extremely limited use cases. I think the state of FHE today is very similar to the state of ZK in 2010.

Read more: ‘One of important challenges of our time’: Ethereum’s Buterin calls for greater crypto privacy amid AI, govt risks

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

HPX Partners with EmoFi to Tokenize User Information OnChain

10/03/2026

Pundi AI and Clore.ai Partner to Decentralize the AI Lifecycle – From Community Data to GPU Power

10/03/2026

EU’s regulated blockchain securities market adds first bank participant

10/03/2026

Mastercard and Google Team Up to Build Trust for AI-Powered Shopping

10/03/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ethereum Rises 7% on Familiar Rebound Cue, But On-Chain Data Flags Critical Risks

10/03/2026

Trump’s State of the Union Address Triggers a Controlled Surge for Cryptocurrencies

10/03/2026

Bitpanda expands into stocks and ETFs with universal exchange push

10/03/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.