以太坊（ETH）相對於比特幣（BTC）損失了其價值的73％，引入了隱私庫以抵消下降

儘管以太坊的掙扎，該網絡最近引入了一項重要的隱私功能，稱為隱私池。這項新功能旨在平衡財務

Ethereum (ETH) has faced several challenges in recent times, leading to a decline in its dominance among Layer 1 blockchains. Since September 2022, ETH has lost more than 73% of its value relative to Bitcoin (BTC), while several competitors like Solana, Binance Chain, and Avalanche have gained significant traction.

以太坊（ETH）最近面臨著幾個挑戰，導致其在第1層區塊鏈中的統治地位下降。自2022年9月以來，相對於比特幣（BTC），ETH損失了其價值的73％以上，而Solana，Binance Chain和Avalanche等幾個競爭對手獲得了顯著的吸引力。

At the time of writing, Ethereum is trading at around $1,880, marking a 9% decrease over the past week and a steep 62% drop from its all-time high of $4,890, which it reached in November 2021.

在撰寫本文時，以太坊的交易價格約為1,880美元，在過去一周中下降了9％，與2021年11月的歷史最高高點相比，其歷史最高額為4,890美元下降了62％。

However, Ethereum has recently introduced an important privacy feature called Privacy Pools, aiming to balance financial privacy and security by allowing users to prove their transactions are not linked to illicit funds while maintaining a level of anonymity. This update comes as part of broader efforts to counter some of the challenges Ethereum has been facing.

但是，以太坊最近引入了一項重要的隱私功能，稱為隱私池，旨在通過允許用戶證明其交易與非法資金相關聯，同時保持匿名水平，以平衡財務隱私和安全性。此更新是針對以太坊面臨的一些挑戰的更廣泛努力的一部分。

Ethereum’s Struggles: A Growing Concern

以太坊的鬥爭：日益關注的問題

以太坊的鬥爭：日益關注的問題

While Ethereum is still a dominant Layer 1 blockchain, it has faced several challenges in recent times. Some of these challenges include:

儘管以太坊仍然是一個主要的第1層區塊鏈，但最近它面臨著幾個挑戰。其中一些挑戰包括：

* Bitcoin’s dominance: Bitcoin has been outperforming the market and reclaiming its dominance, while altcoins have faced selling pressure. This has put pressure on Ethereum to perform better and attract more investor interest.

*比特幣的主導地位：比特幣的表現優於市場並恢復其優勢，而山寨幣則面臨銷售壓力。這給以太坊施加了壓力，要求其表現更好並吸引更多的投資者興趣。

* Competitors gaining ground: Several Layer 1 blockchains, such as Solana, Binance Chain, and Avalanche, have emerged as strong challengers to Ethereum’s dominance. These networks offer faster transaction speeds, lower costs, and unique functionalities that are attracting developers and users.

*競爭對手獲得了基礎：索拉納（Solana），唯一鍊和雪崩等幾層區塊鏈已經成為以太坊統治地位的強大挑戰者。這些網絡提供更快的交易速度，較低的成本以及吸引開發人員和用戶的獨特功能。

* Smaller market share for Ethereum: As a result of the strong competition and Bitcoin’s dominance, Ethereum has been losing market share. This shift in the market landscape could have broader implications for the crypto ecosystem.

*以太坊的市場份額較小：由於激烈的競爭和比特幣的統治地位，以太坊一直在失去市場份額。市場格局的這種轉變可能會對加密生態系統產生更大的影響。

Ethereum’s Competitors: The Rise of Solana, Binance Chain, and Avalanche

以太坊的競爭對手：Solana，Binance Chain和Avalanche的崛起

以太坊的競爭對手：Solana，Binance Chain和Avalanche的崛起

Several competing Layer 1 blockchains have emerged as serious contenders to Ethereum’s dominance. Among them, Solana, Binance Chain, and Avalanche have gained significant attention for their unique strengths and the market share they have managed to capture.

幾個競爭的第1層區塊鏈已經成為以太坊統治地位的嚴重競爭者。其中，Solana，Binance Chain和Avalanche因其獨特的優勢以及他們設法捕獲的市場份額而引起了極大的關注。

* Solana: Known for its high throughput and low transaction fees, Solana has attracted a large developer community and a diverse ecosystem of decentralized applications (DApps). Its Payer Veneration model also offers efficient token use for transaction fees.

* Solana：Solana以其高吞吐量和低交易費用而聞名，吸引了一個大型開發人員社區和一個分散應用的多樣化生態系統（DAPPS）。它的付款人尊敬模型還提供了有效的代幣用於交易費用。

* Binance Chain: As the blockchain developed by Binance, one of the largest cryptocurrency exchanges, Binance Chain benefits from a ready-made user base and liquidity. Its focus on DeFi protocols and the BNB token have contributed to its success.

* Binance鏈：正如Binance開發的區塊鍊是最大的加密貨幣交換之一，Binance Chain受益於現成的用戶群和流動性。它的重點是Defi協議和BNB代幣為成功的成功做出了貢獻。

* Avalanche: This Layer 1 blockchain offers smart contract functionality and aims to serve as a decentralized hub for the metaverse and Web3. Its high throughput and low latency make it an attractive option for demanding applications.

*雪崩：此第1層區塊鏈提供智能合同功能，並旨在用作元視頻和Web3的分散樞紐。它的高吞吐量和低潛伏期使其成為苛刻應用程序的吸引人選擇。

The rise of these networks has led to Ethereum facing competition for developer talent and user attention. As developers seek platforms where they can build and deploy their projects efficiently, and users prefer networks that offer a seamless and cost-effective experience, the competition among Layer 1 blockchains is set to continue in the coming year.

這些網絡的興起導致以太坊面臨著開發人員人才和用戶關注的競爭。隨著開發人員尋求可以有效地構建和部署項目的平台，用戶更喜歡提供無縫且具有成本效益的體驗的網絡，因此第1層區塊鏈之間的競爭將在來年繼續進行。

Privacy Pools: A New Layer of Security and Privacy for Ethereum

隱私庫：以太坊的新安全和隱私層

隱私庫：以太坊的新安全和隱私層

To counter some of its challenges and maintain its position as a leading smart contract blockchain, Ethereum has introduced Privacy Pools, a new on-chain privacy feature designed to keep illicit funds at bay while maintaining financial anonymity for users. This feature is part of broader efforts to enhance Ethereum’s capabilities and attract new users to the network.

為了應對其一些挑戰並保持其作為領先的智能合同區塊鏈的地位，以太坊引入了隱私池，這是一項新的鏈上隱私功能，旨在使非法資金保持範圍，同時保持對用戶的財務匿名。此功能是增強以太坊能力並吸引新用戶進入網絡的更廣泛努力的一部分。

What Are Privacy Pools?

什麼是隱私池？

什麼是隱私池？

Privacy Pools allow users to easily prove that their transactions are not linked to any illegal activity, even though their full financial history remains private. This feature addresses one of the biggest criticisms of public blockchains—lack of financial privacy—while ensuring compliance with relevant regulatory standards.

隱私池允許用戶輕鬆證明其交易與任何非法活動沒有鏈接，即使他們的完整財務歷史仍然是私人的。此功能介紹了公共區塊鏈的最大批評之一，即財務隱私，同時確保遵守相關的監管標準。

Why Privacy Pools Matter

為什麼隱私池很重要

為什麼隱私池很重要

Privacy Pools introduce a unique approach to balancing privacy and transparency in blockchain transactions. Here’s why they are significant:

隱私池引入了一種獨特的方法，用於平衡區塊鏈交易中的隱私和透明度。這就是為什麼它們很重要的原因：

* Privacy Pools provide a valuable tool for institutions and enterprises operating in regulated markets. They can now participate in the Ethereum ecosystem while adhering to local anti-money laundering (AML) and know-your-customer (KYC) regulations.

*隱私池為在受監管市場中運營的機構和企業提供了寶貴的工具。他們現在可以在遵守當地反洗錢（AML）和知識客戶（KYC）法規的同時參與以太坊生態系統。

* The technology effectively keeps illicit funds at bay by focusing on transactional behavior rather than user identities. This aligns with the broader effort to maintain the security and stability of the Ethereum network.

*該技術通過專注於交易行為而不是用戶身份來有效地避免非法資金。這與維持以太坊網絡的安全性和穩定性的更廣泛努力相吻合。

* In an increasingly interconnected and complex financial system, Privacy Pools offer a solution for efficient cooperation and shared security in the Web3 space.

*在越來越相互聯繫且複雜的金融系統中，隱私池為Web3空間中有效合作和共享安全提供了解決方案。

The Impact of Privacy Pools on Ethereum

隱私池對以太坊的影響

隱私池對以太坊的影響

Despite this positive development, market sentiment around Ethereum has yet to improve significantly. The cryptocurrency is still facing strong headwinds from Bitcoin’s dominance and the emergence of competitors like Solana, Binance Chain, and Avalanche.

儘管有積極的發展，但以太坊的市場情緒尚未顯著改善。加密貨幣仍然面臨比特幣的統治地位以及諸如Solana，Binance Chain和Avalanche之類的競爭對手的出現。

As Ethereum continues to innovate and adapt to the changing landscape of the cryptocurrency market, investors and developers will be

隨著以太坊繼續進行創新並適應加密貨幣市場不斷變化的景觀，投資者和開發商將成為