Untraceable Payments - Ethereum provides users with a completely anonymous payment scheme. Ethereum Platform implements the ring signature technology which allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other.
Unlinkable Transactions - Even if outgoing transactions are untraceable, everyone may still be able to see the payments you have received and thus determine your income. However, by using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key.
Nobody is able to spend the same money twice — even if all his signatures are anonymous. Every signature contains a key image — a kind of fingerprint of the secret key. It is based on a one-way cryptographic function; this implies that given only the key image it is impossible to restore the corresponding secret key. These key images are used to prevent double-spending..
Resistance to Blockchain Analysis - Non-repeating one-time addresses and mixed keys in ring signatures make the whole blockchain resistant to analysis. Each future transaction will only increase the entropy and create additional obstacles for an analyst.
Equality in Establishing Proof of Work - The proof of work mechanism acts as a voting system. Thus, it is crucial that during the voting process all the participants have equal voting privileges. Ethereum brings this equality with its egalitarian proof of work perfectly suitable for simple mining devices.
Flexibility to Incorporate Future Innovations - A decentralized payment system must not depend on a single person's decisions, even if this person is a developer. Ethereum Platform has no hard-coded constants; magic numbers in the code are designed to be re-calculated based on the previous state of the network. Simply put - adaptive.
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