Solana users can now transfer tokens through Helius's Privacy Rings with the asset and amount encrypted onchain. The sender's and recipient's wallets remain visible.
Helius announced the permissionless Ring's mainnet launch on November 10. Users deposit assets into a private balance, transfer them to another Solana wallet address, and withdraw to a public balance. The encrypted data and transaction execution stay on Solana.
That gives payments a different kind of privacy: someone watching a confidential transfer can see which wallets interact without seeing what asset or amount changes hands. It does not make the participants anonymous.
Helius says Decrypt, Ore and Aurora Intents already have live products using the Ring. Custom Rings, including a version designed to hide counterparties as well, are still being audited, with a mainnet release targeted for the fourth quarter of 2026.
Source: Helius, November 10, 2026.
https://www.helius.dev/blog/solana-privacy-rings
#Solana #Privacy
Helius announced the permissionless Ring's mainnet launch on November 10. Users deposit assets into a private balance, transfer them to another Solana wallet address, and withdraw to a public balance. The encrypted data and transaction execution stay on Solana.
That gives payments a different kind of privacy: someone watching a confidential transfer can see which wallets interact without seeing what asset or amount changes hands. It does not make the participants anonymous.
Helius says Decrypt, Ore and Aurora Intents already have live products using the Ring. Custom Rings, including a version designed to hide counterparties as well, are still being audited, with a mainnet release targeted for the fourth quarter of 2026.
Source: Helius, November 10, 2026.
https://www.helius.dev/blog/solana-privacy-rings
#Solana #Privacy
