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Hitesh Malviya Excited About Upcoming Wallet Privacy Rollouts Over Meme Coin Profits

Hitesh Malviya Excited About Upcoming Wallet Privacy Rollouts Over Meme Coin Profits

In the fast-paced world of cryptocurrency, where meme coins can turn small bets into life-changing sums overnight, it's refreshing to hear from someone who values tech advancements over quick profits. Hitesh Malviya, known on X as @hmalviya9, recently shared a tweet that's buzzing in crypto circles. He's more pumped about upcoming privacy features rolling out across wallets than the money he made from snagging early positions in some hot coins—enough to chill for the next year.

The Tweet in Focus

Here's what Hitesh posted on X: "i'm more happy to see market wide tech side privacy rollout at wallet end happening in few months than catching early bids on few coins which made me enough money to survive for next 12 months." This candid take highlights a shift in priorities, emphasizing long-term tech improvements over short-term gains. The tweet, posted on October 10, 2025, has garnered likes and replies, including mentions of Ambire Wallet, which seems central to this privacy push.

Unpacking the Privacy Rollout

What exactly is this "market wide tech side privacy rollout" Hitesh is referring to? It appears to point toward the Kohaku Initiative, a fresh project aimed at boosting privacy in Ethereum wallets. As detailed in a recent OneSafe blog post, Kohaku is all about giving users more control over their financial data in a world full of cyber threats and surveillance.

At its core, Kohaku uses zero-knowledge proofs (ZKPs)—a fancy way of verifying transactions without revealing sensitive details. Think of it like proving you're old enough to buy a drink without showing your full ID. The initiative's initial rollout is a browser extension inspired by Ambire Wallet, featuring private sending and receiving, peer-to-peer connections, and a setup where each decentralized app (DApp) gets its own isolated account to prevent tracking across platforms.

Ambire Wallet itself is already privacy-focused, with no tracking and open-source code. Recent updates, as per their Q2 2025 dev update, include smarter accounts and UX improvements, aligning with broader Ethereum efforts. The Ethereum Foundation even forked Ambire's code for a prototype to enhance interoperability and privacy, showing this is a market-wide movement.

While no exact timeline is set, Hitesh's mention of "a few months" suggests we're on the cusp of these features going live, potentially transforming how we interact with blockchain tech.

Why This Matters for Meme Token Traders

For those deep in the meme token game—like hunting for the next viral coin on Solana or Ethereum—privacy isn't just a nice-to-have; it's essential. Meme coins thrive on hype, community, and sometimes anonymity. Without solid wallet privacy, your trades can be tracked by anyone with a blockchain explorer, leading to issues like front-running (where others copy your moves to profit first) or even real-world risks like doxxing.

Imagine snagging early bids on a meme token without the world knowing your wallet address ties back to you. Kohaku's features could make that a reality, letting traders operate more securely. This rollout could level the playing field, making meme token investing safer and more accessible for everyday blockchain practitioners. Plus, with regulatory eyes on crypto, better privacy helps navigate compliance without sacrificing decentralization.

Hitesh's perspective resonates because many in the space have made bank on memes but crave sustainable tech progress. As he implies, surviving on profits is great, but building a private, robust ecosystem is the real win.

Looking Ahead

As we await this privacy upgrade, it's a reminder that crypto's true value lies in innovation, not just pumps. If you're into meme tokens, keep an eye on wallets like Ambire—they might just be your gateway to a more private trading future. What do you think: is tech progress more exciting than quick flips? Drop your thoughts in the comments below.

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