Ernst & Young disclosed the solution code for private transactions on the Ethereum network

One of the world's largest consulting companies, Ernst & Young (EY), published a code of its own solution for implementing private transactions in the Ethereum network on GitHub .

Thus, the Nightfall Ethereum solution is based on smart contracts and evidence with zero disclosure in the implementation of ZoKrates. This will allow translating tokens of the standard ERC-20 and ERC-721, while maintaining complete privacy, the developers say.

EY warned that the decision was at an experimental stage of development and did not recommend immediately switching to its use, but stressed that their priorities were to popularize public blockchains.

In April, the company released its own iteration of the proof protocol with zero disclosure , and also updated the tool for calculating taxes on cryptocurrency transactions.

Recall that the first version of the solution for confidential transactions on the Ethereum network from EY appeared last fall.

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