Developer Ameen Soleimani criticized Ethereum for its slow progress in implementing the Poseidon precompile component, which is crucial for efficient zero-knowledge proofs and privacy features. He pointed out that despite Ethereum's advocacy of "default privacy," it lacks this key zero-knowledge proof environment management (zkEVM) component, whereas Solana, Starknet, and Stellar had already had this component between 2020 and 2022. The EIP-5988 proposal, shelved in 2022, has hindered low-cost private transactions on Layer 1, forcing privacy protection to shift to more expensive Layer 2 solutions.
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Developer Ameen Soleimani criticized Ethereum for its slow progress in implementing the Poseidon precompile component, which is crucial for efficient zero-knowledge proofs and privacy features. He pointed out that despite Ethereum's advocacy of "default privacy," it lacks this key zero-knowledge proof environment management (zkEVM) component, whereas Solana, Starknet, and Stellar had already had this component between 2020 and 2022. The EIP-5988 proposal, shelved in 2022, has hindered low-cost private transactions on Layer 1, forcing privacy protection to shift to more expensive Layer 2 solutions.