ChainSafe Solutions is pleased to share the proposal that it presented at the Ethereum Name Service DAO weekly environment meeting on December 8th, 2022. The company was focusing on privacy issues and was seeking solutions. It provided a detailed plan on how to resolve this important and significant issue.
ChainSafe Solutions is involved in the bringing together all their skills and all the knowledge they have accumulated over time. They are also committed to continuing their research. This all leads to the creation of new outlooks on important issues and the correct resolution of complex issues.
These activities were created with the intention of providing a huge boost to the communities that are connected to help them bring new innovations forward. Their proposal outlines a plan for the merger of ENS and Aztec Network, in order to reach a solution for effective delinking sent and received addresses.
The Ethereum Name Services (ENS) is a protocol which is a distributed, open, extensible and extensible naming system created on Ethereum. The names in the ENS represent a human-readable representation (e.g., an Ethereum address) that can be shared and transferred to obtain funds. You can also join their social media accounts to one name.
All of this, at first look, definitely seems to be very beneficial till the aspect of the user’s privacy crops up, as in the case of a user publishing his ENS on social media for everyone’s benefit. It also turns out that, in the same case scenario, anyone can hone in on the person’s financial history, leaving him vulnerable. ChainSafe Solutions believes that users need an easy way to share an address, without the possibility of anyone tracking their on-chain activities.
All of these factors have led to Aztec Network proposing the formation of an association with the ENS. Aztec Network is a company that offers completely private Ethereum transactions. These transactions are based upon zk-rollups. It is also connected with the PLONK proving system.
According to the ChainSafe team, the merger will address all the issues effectively. Furthermore, the integration points towards the goal of solving the ENS’s privacy issues and streamlining the same for a better user experience.