Privacy season isn't going away anytime soon and @EIP7503 could fundamentally change how that's done on Ethereum TLDR - EIP-7503 is called "Zero-Knowledge Wormholes" 1/ Send ETH to a "dead" address with no private key, effectively burning it. 2/ Use zero-knowledge proofs to show you burned ETH without revealing details. This proof lets you mint new ETH at a fresh address, maintaining anonymity. No one can link the old and new transactions. This "Burn-to-Privacy" model (Burn ETH → Mint bETH → Mine WORM) is a completely new model over traditional mixers and shielded pools + no regulatory baggage After a year of development and three public testnet phases (LINDWURM, SHAI-HULUD, BURROW), is moving toward mainnet. ICO access via WORM NFTs: • Each NFT grants a fixed $234 allocation (stackable up to a $20k hard cap/ wallet.) • Whitelist priority is determined by NFT XP and levels. • Post-mainnet, these NFTs can be burned to receive WORM tokens directly. • Starting at a low valuation to prioritize community ownership over VC-heavy distribution. • Will launch via Cypher Industries The last step before the ICO is the final Molt testnet which begins today To stay up to date follow @EIP7503 and you can check out this article here for all the fine details(Insightful)