{"id":153035,"date":"2022-12-17T11:27:55","date_gmt":"2022-12-17T17:27:55","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/12\/the-post-merge-ethereum-ecosystem-needs-privacy-more-than-ever"},"modified":"2022-12-17T11:27:55","modified_gmt":"2022-12-17T17:27:55","slug":"the-post-merge-ethereum-ecosystem-needs-privacy-more-than-ever","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/12\/the-post-merge-ethereum-ecosystem-needs-privacy-more-than-ever","title":{"rendered":"The post-Merge Ethereum ecosystem needs privacy more than ever"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/the-post-merge-ethereum-ecosystem-needs-privacy-more-than-ever2.jpg\"><\/a><\/p>\n<p><em>Check out all the on-demand sessions from the Intelligent Security Summit <a href=\"https:\/\/avolio.swapcard.com\/intelligentsecuritysummit2022\/registrations\/Start?utm_source=vb&utm_medium=boiler&utm_content=ondemand&utm_campaign=IS22_BoilerPlates\">here<\/a><\/em>.<\/p>\n<p>On September 15, 2022, the Ethereum network migrated from a proof-of-work to a proof-of-stake consensus mechanism called <a href=\"https:\/\/ethereum.org\/en\/upgrades\/merge\/\">the Merge<\/a>. Apart from reducing energy consumption by 99%, the Merge laid the foundations for building a highly secure and scalable blockchain. However, despite the benefits of the Merge, it also marks a regression in privacy, which is a significant concern for Ethereum users.<\/p>\n<p>Privacy generally takes a backseat to other core <a href=\"https:\/\/venturebeat.com\/virtual\/new-blockchain-framework-connects-physical-devices-to-the-metaverse\/\">blockchain<\/a> topics such as decentralization and scalability. In fact, blockchain networks\u2019 zeal for data transparency often comes at the cost of compromising individual and enterprise privacy. But without a privacy-focused approach \u2014 even one that gives users optional privacy \u2014 Ethereum decentralized applications (dapps) will repeat the same mistakes of Web2 applications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out all the on-demand sessions from the Intelligent Security Summit here. On September 15, 2022, the Ethereum network migrated from a proof-of-work to a proof-of-stake consensus mechanism called the Merge. Apart from reducing energy consumption by 99%, the Merge laid the foundations for building a highly secure and scalable blockchain. However, despite the benefits [\u2026]<\/p>\n","protected":false},"author":662,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3818,1761,1492],"tags":[],"class_list":["post-153035","post","type-post","status-publish","format-standard","hentry","category-blockchains","category-cryptocurrencies","category-security"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/153035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/662"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=153035"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/153035\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=153035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=153035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=153035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}