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Yes, institutions need privacy (their customer expect it). But the proposed zk integration into the L1 doesn’t adress this. It’s purely for scalability.

12.7. klo 01.53
Yesterday, the Ethereum Foundation (EF) published a blog announcing intent to go all-in on integrating zero-knowledge (zk) into the Ethereum L1:
This could be a major upgrade, with massive implications for scalability and privacy. 🧵:
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