Buterin acknowledged the need to develop a privacy solution because, by default, all information recorded on a public blockchain is publicly accessible
Vitalik Buterin, one of the co-founders of Ethereum, has proposed a potential solution to the issue of privacy on Ethereum, which he considers to be the most significant remaining challenge for the platform.
In a blog post, Buterin acknowledged the need to develop a privacy solution because, by default, all information recorded on a public blockchain is publicly accessible.