- Enforcing a single identifier per person risks excluding those lacking official documents or requiring multiple identities to participate.
- Allowing multiple IDs with costs or verification steps deters fake accounts, balancing openness, freedom, and protection against misuse.
Ethereum is rolling out a new way to confirm who you are, using zero-knowledge proofs. In simple terms, this method lets someone show “I am real” without revealing names, addresses or other private details. That marks a clear shift from signing in with email accounts or social profiles.
First, users can set up a unique ID for each app. That means your activity in one project cannot be tied back to your work in another. As a result, people gain control over what they share—and with whom. In effect, Ethereum aims to shield participants from unwanted attention, while still letting them move freely across the network.
However, there is a catch. If rules insist on one ID per person, the system may leave out people without formal documents or with more than one valid ID. Then, others might worry that a single, fixed ID could become a tool for surveillance or tracking—exactly what privacy measures set out to prevent. Meanwhile, creators who rely on pseudonyms could lose the cover that lets them speak freely.
Next, Ethereum faces a choice about how to manage these IDs. One option is to avoid identity checks altogether and rely on token holdings or staked assets to stop spam. Yet that links influence to wealth, which clashes with Ethereum’s founding ideas of equal access. Therefore, a different path makes more sense: allow multiple IDs per person, but add hurdles—time, fees or small proofs—that discourage mass generation of fake profiles.
Under this plan, an artist could use one ID for selling digital art, another for voting in community polls, and a third for private chats. At the same time, anyone trying to flood the system with fake accounts would need extra steps or pay extra fees. Thus, the network balances openness with safeguards.
In short, Ethereum is not just building a system for digital identity. It is defining how that system should work—putting privacy at its core, and giving people both choice and protection. By doing so, it may set the blueprint for how blockchains handle identity in the years ahead.
Ethereum (ETH) is trading at $2,439.01 USDT, marking a modest daily gain of +0.14%. On the weekly view, ETH has recovered +6.27%, although it remains −7.29% down for the month.
Over the past six months, ETH is down −27.43%, with a year-to-date performance of −26.91%, confirming a persistent macro downtrend despite recent short-term rallies.
Technically, Ethereum is trading within a consolidation structure just below macro resistance, with a short-term bullish bounce from the $2,100 level now facing a test around the $2,460–$2,500 resistance band.
Indicators are mixed: oscillators are neutral, and moving averages suggest limited upside momentum unless volume and volatility increase. ETH remains below both the 100-day and 200-day moving averages.
A break above $2,500 would signal strength, potentially targeting $2,800–$3,000. However, failure to hold above $2,400 could reintroduce selling pressure toward $2,200 and $2,050.
On the fundamental side, Ethereum is regaining institutional and developer interest:
- Corporate ETH accumulation is rising, with wallet data showing significant inflows into institutional custody platforms. This has been accompanied by a surge of $269 million in net inflows within 24 hours, signaling revived bullish sentiment.
- The EthCC conference in Cannes is drawing major developers and researchers globally, helping Ethereum reassert leadership in Layer-1 innovation and decentralized applications.
- Lido DAO governance updates are strengthening ETH staking’s decentralization, with new dual-voting mechanisms granting veto power to individual stakers.
- The REX-Osprey staking ETF for Ethereum has cleared initial SEC feedback, potentially opening the door for broader institutional investment into staked ETH products.
Despite a structurally bearish longer-term chart, short-term market structure for Ethereum is stabilizing. The next 48 hours will be critical for determining whether ETH confirms a higher low formation and breaks out of its accumulation range.
