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Helius Introduces Encrypted Solana Transfers That Still Rely on Operator Trust
(3 hours ago) · 1 source · Summarized by CryptoBipto
Helius has launched a system for encrypting Solana token transfers, adding a layer of privacy to transactions on the network. However, the design does not fully remove the need for users to trust the operator running the system, distinguishing it from fully trustless privacy solutions.
WHY IT MATTERS
On most blockchains, including Solana, transactions are public — anyone can see who sent tokens, how much was sent, and to whom.
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SOURCES
- cryptoslate.com
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