Ethereum (and All Its Derivatives) Suffer From the Same Privacy Shortcomings | HackerNoon

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Some hard truths about blockchain: Privacy isn’t EVM-compatible. Smart contracts aren’t ZKP-compatible. Business isn't ERC-20-compatible. - web3 blockchain

Blockchains as they were originally architected are public by default. This is not suitable for most applications.

Imagine if your email, banking, and social data were public for everyone to see on a blockchain. The status quo involves putting large amounts of information on-chain, which is "fine until it's not"

 

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