Ethereum Devcon conference released Kohaku Wallet, Privacy Coin pumped 65%

The Ethereum Foundation will launch the privacy-first wallet Kohaku at the Devcon conference in Argentina, alongside a privacy research cluster of 47 people and zk-SNARKs technology, promoting “default privacy” as the protocol standard. The Privacy Coin zone has outperformed the market by 65.3% over the past 30 days, and Ethereum is upgrading privacy from an optional feature to a blockchain native attribute, redefining on-chain transaction security standards.

Kohaku Wallet has its first public test at the Devcon conference

Ethereum Foundation developer Nicolas Consigny announced on October 9 that the Kohaku Wallet will be officially unveiled during the Devcon conference in Argentina this November. This brand new wallet framework adopts a privacy-first design concept, allowing users to conduct transactions without exposing unnecessary personal or transaction details.

Kohaku will provide both a browser extension version and a software development kit (SDK) for developers to integrate privacy primitives directly into applications. Consigny emphasized the core design principle: “Ensure that each party to a transaction only knows the information directly related to the transaction, and minimize the risks required for the transaction.”

This minimal information disclosure framework represents a philosophical shift for Ethereum from passive compliance to active privacy design, especially in the context of increased on-chain surveillance by governments and AI reshaping data risks.

Ethereum forms a 47-person privacy research cluster

On October 8, the Ethereum Foundation announced the establishment of a new privacy cluster, composed of 47 engineers, researchers, and cryptographers, with the goal of integrating privacy features at every layer of the Ethereum stack. This cluster will closely collaborate with the Privacy and Scalability Exploration (PSE) program, covering the following key areas:

Research Layer: Pioneering advanced cryptographic technologies such as zk-SNARKs to achieve a balance between scalability and confidentiality.

Protocol Layer: Integrating privacy breakthroughs into Ethereum's core infrastructure, ensuring built-in rather than external patches.

Application Layer: Demonstrating real-world use cases through projects like Semaphore, MACI, and stealth addresses.

Compliance Layer: Institutional Privacy Working Group Explores Solutions for Coexistence of Privacy Technologies and Regulatory Requirements

Vitalik Buterin's Privacy Vision Practice

The Ethereum Foundation has made it clear: “Privacy is normal and necessary to ensure that this infrastructure remains usable, trustworthy, and consistent with human freedom.” This echoes Vitalik Buterin's long-standing position that privacy should be “a human right embedded in protocol design,” rather than an optional feature for advanced users.

The institutional privacy working group will release guidelines to assist businesses, financial institutions, and auditors in pairing privacy tools with compliance frameworks, paving the way for large-scale applications.

Performance verification of Privacy Coin zone to meet market demand

(Source: Artemis)

According to Crypto Rand data, privacy-focused tokens have outperformed the overall crypto market by 65.3% in the past 30 days, reflecting strong investor interest in tools that provide transactional-level confidentiality. As AI expands data extraction capabilities and governments strengthen on-chain monitoring, the market is voting with capital to support privacy protection infrastructure.

If the technology breakthroughs of the Kohaku Wallet and Privacy Zone are successfully implemented, Ethereum's next iteration may truly achieve “default privacy” as a protocol standard, rather than just a marketing slogan. This will fundamentally change the industry landscape of blockchain privacy from an optional feature to a core attribute.