Unchained What Ethereum Will Look Like When It Implements Its New Privacy Focus - Ep. 959
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Nov 25, 2025 
Andy Guzman and Oskar Thorén from the Ethereum Foundation dive into the newly launched Privacy Cluster, aiming to make privacy a top priority for Ethereum. They discuss the inspiration from Zcash, the importance of privacy in crypto, and how this initiative differs from past efforts. The pair explores privacy use cases, the role of institutions, and challenges like regulatory compliance. Expect insights on the potential for private transactions within six months and how Ethereum plans to coexist with privacy-focused platforms.
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EF Consolidates Privacy Effort
- The Ethereum Foundation consolidated longstanding privacy work into a focused Privacy Cluster to make privacy a first-class property of Ethereum.
- Andy Guzman says the effort matured over 2024 and formalized in a larger, coordinated program this year.
Institutions See Privacy As A Primary Blocker
- Institutions increasingly cite privacy as the main blocker to moving on-chain, not just regulation.
- Oskar Thorén says the Institutional Privacy Task Force now bridges enterprise needs and privacy R&D.
Blockchains Are Pseudonymous, Not Private
- Public blockchains are pseudonymous, not private, and store actions permanently which creates legal and personal risks.
- Andy Guzman stresses privacy as central to the original cypherpunk values and now reaching an inflection point.