Vitalik Buterin has advocated for the use of Zero Knowledge (ZK) proofs on the Ethereum network to enhance individual privacy. He suggests that integrating ZK-proofs with mainstream wallets will enable users to manage private funds without disclosing wallet addresses. Buterin stresses that mandatory privacy measures are crucial for Ethereum to stay competitive and meet regulatory standards. The Ethereum network is witnessing increased institutional interest in privacy-focused solutions, with projects like Prividium already operational. This initiative is anticipated to enhance Ethereum's adoption and liquidity, aligning with the growing demand for privacy-centric crypto assets.