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Helius Develops Privacy Rings Protocol for Solana Blockchain

(3 hours ago) · 1 source · Summarized by CryptoBipto

Helius, a Solana infrastructure provider, has developed a privacy protocol called Privacy Rings for the Solana blockchain. The protocol is designed to enable private transactions on Solana. The article provides an educational overview of how the technology works.

WHY IT MATTERS

On most blockchains, every transaction is publicly visible, similar to a bank ledger that anyone in the world can read.

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SOURCES

  • decrypt.co

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SOLPrivacySolana EcosystemBlockchain TechnologyHelius