- Vitalik Buterin backs Storm, highlighting privacy tools importance.
- Buterin states privacy is crucial for security.
- Ethereum Foundation funds Storm’s legal defense.
Vitalik Buterin, Ethereum’s co-founder, expressed support for Tornado Cash’s Roman Storm on July 5, 2025. Buterin stressed that privacy is integral to security, highlighting the issue in relation to Tornado Cash’s situation.
Vitalik Buterin’s advocacy underscores privacy tools’ necessity amidst regulatory scrutiny. His support, alongside financial backing for Roman Storm, underscores a growing developer community push for validated privacy rights.
Buterin’s Call for Privacy: Security at Stake
Buterin’s statements assert privacy tools are essential, noting, “Enhancing privacy should not be seen as a ‘balance’ between privacy and security.” Storm, facing trial, is under intense scrutiny.
The legal support for Roman Storm has grown significantly. With the Ethereum Foundation matching community donations, over $750,000 has been pledged. This event underscores the importance of privacy and security in blockchain development.
Today, the message of backdoor-free privacy has been widely accepted, and many business and government officials are also regularly using tools like Signal… enhancing privacy protection in areas such as payments, identity, artificial intelligence, and others should not be seen as a need to ‘balance’ between privacy and security—it is an integral part of security itself… And the first step taken is to send a clear signal to developers: this important work is welcomed.
Financial Backing and Community Response in Numbers
Did you know? In 2019, FinCEN guidance noted anonymity software providers weren’t subject to Money Transmitter regulations, establishing precedence influencing today’s debates on privacy tool legitimacy.
According to CoinMarketCap, Ethereum (ETH) trades at $2,478.93 with a market cap of $299.25 billion. It dominates 9.05% of the market, showing a 36.95% rise over 60 days. Despite recent 3.66% drops in 24 hours, interest remains high as regulatory developments unfold.
The Coincu research team anticipates increased scrutiny on privacy protocols. Market reactions could drive developers toward alternative solutions that uphold privacy and comply with evolving regulations, ensuring the security of user data and freedom.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/346825-vitalik-buterin-supports-storm-privacy-tools/