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What is stealth address?

mahmudul01 - 2024-03-22 07:42:27



Assalamu Alaikum





How are you all I hope you are well by the infinite mercy of the Most Merciful Creator.  Today we will discuss What is stealth address? I will try to make a short informative discussion today.

![pexels-photo-8185624 (1).jpeg](https://cdn.steemitimages.com/DQmezWCu1gmLNzCcysbHnptbjfQYFonFYQ57aJTA6xzVT5P/pexels-photo-8185624%20(1).jpeg)
[Source](https://www.pexels.com/photo/close-up-shot-of-coin-8185624/)

What is stealth address?
Stealth addresses provide privacy for transactions on Ethereum.  While it is impossible to completely hide a blockchain transaction, stealth addresses can, at the very least, conceal the identity of the recipient.  And in doing so, offer an extra layer of protection for those who don't want transaction data explicitly tied to them.
In a distributed ledger (a public record of transactions), anyone can see the details of a transaction, such as the date, amount, and the wallet or entities involved.  They can search for specific transaction IDs or hashes in a block explorer, such as EtherScan for Ethereum or BlockStream for Bitcoin.

![pexels-photo-9931297.jpeg](https://cdn.steemitimages.com/DQmekeWbz9yF1gezunvVWqRvQPFtVh1ZRpeoVu78PhyYZpH/pexels-photo-9931297.jpeg)
[Source](https://www.pexels.com/photo/studio-shot-of-a-stack-of-gold-bitcoins-9931297/)
How Stealth Addresses Work:
Either the recipient (let's call them "Bob") or the sender ("Alice") can create a secret address for the transaction.  However, only the recipient, Bob, can control the transaction.  Another way to think of a stealth address is as a wallet address that is cryptographically tied to Bob's public address, but is only disclosed to transacting parties.
To hide their identities, Bob must first generate a secret "spend key", which is then used to generate a stealth "meta-address".  The meta-address is shared with the sender (Alice), who performs a calculation to generate a stealth address belonging to Bob.
Alice can then send any resource to Bob.  When Alice sends the resource to the stealth address, she publishes some additional cryptographic data on-chain (called an ephemeral publickey) that helps Bob find the resource.  Bob scans the chain for this cryptographic data;  If he finds any, he uses his spending key to claim the resource.
Overall, this system offers a method of privacy like creating a new address for each transaction, but without the hassle of manually creating those addresses each time.  In addition to sharing the meta-address with Alice, Bob can register it in ENS (Ethereum Name Service) as a stealth meta-address for something like bob.eth.  In that scenario, and assuming Alice knows Bob owns bob.eth, Alice can then look up her stealth meta-address in ENS.
transaction history, not all of them are miners.
Today's discussion ends here.  I hope you find it interesting and understandable.  Share your thoughts on today's topic.  Greetings and blessings to all.  Stay well everyone, stay healthy, stay tuned to Steemit.

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Thanks for reading