Helius Launches Privacy Rings Feature on Solana With Confidential Transfers
(3 hours ago) · 1 source · Summarized by CryptoBipto
Helius, a Solana infrastructure provider, has launched a feature called Privacy Rings that enables confidential balances and transfers on the Solana blockchain. The tool is designed to allow users to shield transaction amounts and balances from public view. Details about the underlying cryptographic approach and adoption remain to be seen.
WHY IT MATTERS
On most blockchains, every transaction is like writing a check that anyone in the world can read — the amount, the sender, and the receiver are all public.
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SOURCES
- newsbtc.com
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