Getting Paid Hands Over The Whole Wallet 💸
Putting a wallet address on an invoice is the moment a freelancer, a creator or a small shop gives the client a live view of every other client, every balance and every purchase made from that address.
On $SOL that is the default, because an address is a public account history, so the simplest act in commerce, giving someone a place to pay, doubles as a full statement.
Umbra is one of the apps built for that, a confidential wallet built on $ARX that opened to the public in March, where funds can be held in shielded form and sent and swapped from there.
What matters is narrower than hiding that money moved, since receiving one payment should not hand the sender a map of everything else the wallet has done.
Underneath, the work is split into fragments across a cluster of nodes where no single node holds a readable copy, and the correct result still comes back to the app.
That result settles on Solana as an ordinary public transaction, so the wallet keeps working with the apps and explorers people already use.
Mainnet Alpha has run since February 2, and C-SPL, which will seal the amount inside an ordinary token transfer, has not shipped yet.
Accepting crypto was supposed to be as easy as sharing an address, and the version people actually adopt is the one where sharing it does not share everything behind it.
#Altcoin Season# #Solana
Putting a wallet address on an invoice is the moment a freelancer, a creator or a small shop gives the client a live view of every other client, every balance and every purchase made from that address.
On $SOL that is the default, because an address is a public account history, so the simplest act in commerce, giving someone a place to pay, doubles as a full statement.
Umbra is one of the apps built for that, a confidential wallet built on $ARX that opened to the public in March, where funds can be held in shielded form and sent and swapped from there.
What matters is narrower than hiding that money moved, since receiving one payment should not hand the sender a map of everything else the wallet has done.
Underneath, the work is split into fragments across a cluster of nodes where no single node holds a readable copy, and the correct result still comes back to the app.
That result settles on Solana as an ordinary public transaction, so the wallet keeps working with the apps and explorers people already use.
Mainnet Alpha has run since February 2, and C-SPL, which will seal the amount inside an ordinary token transfer, has not shipped yet.
Accepting crypto was supposed to be as easy as sharing an address, and the version people actually adopt is the one where sharing it does not share everything behind it.
#Altcoin Season# #Solana
