0xbow announces the launch of 'Privacy Pools', an innovative tool designed to provide users with on-chain privacy protection while ensuring compliance. This tool combines zero-knowledge proofs and 'associated set providers' technology to ensure that only legitimate funds enter the pool. Developed by cryptographers including Ethereum veteran Ameen Soleimani, Privacy Pools support private transactions on public blockchains like Ethereum. This initiative marks a significant advancement in on-chain privacy protection, and the market is optimistic about it.