The Big Picture—Turning Ethereum from Glass House into Private Vault The Privacy Stewards of Ethereum (PSE)—an arm of the Ethereum Foundation—have published a new roadmap that re-positions the network from “radically transparent” to a global settlement layer where confidentiality is programmable. The shift is driven by three forces: MEV extraction made trivial by public mempools, institutional capital that refuses to telegraph every trade, and a regulatory climate that punishes blind anonymit...

The Big Picture—Turning Ethereum from Glass House into Private Vault The Privacy Stewards of Ethereum (PSE)—an arm of the Ethereum Foundation—have published a new roadmap that re-positions the network from “radically transparent” to a global settlement layer where confidentiality is programmable. The shift is driven by three forces: MEV extraction made trivial by public mempools, institutional capital that refuses to telegraph every trade, and a regulatory climate that punishes blind anonymit...