April 1 news, a team of cryptographers such as Ethereum veteran developers Ameen Soleimani and Zak Cole recently launched a new tool to enhance on-chain privacy. According to an announcement released by the X platform, the technology called "Privacy Pools" was officially launched on the main network on Monday. Privacy Pool is a hybrid network system that uses zero-knowledge proof and "Association Set Provider" to ensure that only "clean" funds can enter the fund pool. The goal is to provide privacy protection for ordinary cryptocurrency users while maintaining regulatory compliance. 0xbow has received institutional investments such as Bankless, Number Group, Public Works, and angel investors such as Ethereum co-founder Vitalik Buterin are also involved. The 0xbow protocol originated from a paper co-authored by Buterin in 2023 with Chainalysis researcher Jacob Illum and scholars Matthias Nadler, Fabian Schar and others.