Merge pull request #14388 from emmanuel-awosika/patch-60

Add EIP-7503 resources to ZKPs page

Author: corwintines

public/content/zero-knowledge-proofs/index.md

@@ -36,7 +36,7 @@ Cryptocurrencies were intended to provide a means for users to conduct private,
 
 There are specific “privacy coins” designed for completely anonymous transactions. Privacy-focused blockchains, such as Zcash and Monero, shield transaction details, including sender/receiver addresses, asset type, quantity, and the transaction timeline.
 
-By baking in zero-knowledge technology into the protocol, privacy-focused [blockchain](/glossary/#blockchain) networks allow [nodes](/glossary/#node) to validate transactions without needing to access transaction data.
+By baking in zero-knowledge technology into the protocol, privacy-focused [blockchain](/glossary/#blockchain) networks allow [nodes](/glossary/#node) to validate transactions without needing to access transaction data. [EIP-7503](https://eips.ethereum.org/EIPS/eip-7503) is an example of a proposed design that will enable native private transfers of value on the Ethereum blockchain. Such proposals are, however, difficult to implement due to a mixture of security, regulatory, and UX concerns.  
 
 **Zero-knowledge proofs are also being applied to anonymizing transactions on public blockchains**. An example is Tornado Cash, a decentralized, non-custodial service that allows users to conduct private transactions on Ethereum. Tornado Cash uses zero-knowledge proofs to obfuscate transaction details and guarantee financial privacy. Unfortunately, because these are "opt-in" privacy tools they are associated with illicit activity. To overcome this, privacy has to eventually become the default on public blockchains.
 
@@ -211,4 +211,4 @@ ZK-STARK is considered immune to the threat of quantum computing, as it only rel
 - [ZK-STARKs — Create Verifiable Trust, even against Quantum Computers](https://medium.com/coinmonks/zk-starks-create-verifiable-trust-even-against-quantum-computers-dd9c6a2bb13d) — _Adam Luciano_
 - [An approximate introduction to how zk-SNARKs are possible](https://vitalik.eth.limo/general/2021/01/26/snarks.html) — _Vitalik Buterin_
 - [Why Zero Knowledge Proofs (ZKPs) is a Game Changer for Self-Sovereign Identity](https://frankiefab.hashnode.dev/why-zero-knowledge-proofs-zkps-is-a-game-changer-for-self-sovereign-identity) — _Franklin Ohaegbulam_
-
+- [EIP-7503 Explained: Enabling Private Transfers On Ethereum With ZK Proofs](https://research.2077.xyz/eip-7503-zero-knowledge-wormholes-for-private-ethereum-transactions#introduction) — _Emmanuel Awosika_