New from Ethereum Research: “What happened to our decentralized private new internet?” 🕵️‍♂️The lack of on-chain confidentiality restricts the practical use of blockchain for businesses, limiting it to niche uses like meme coins. 📰Current privacy measures in Web3 face challenges in preventing misuse by bad actors without compromising decentralization. 🔗Decentralized approaches, like selective disclosure and threshold cryptography, offer a path to balancing confidentiality and regulatory requirements.