Helius's Solana Privacy Rings encrypt balances and transfer amounts, while transactions remain on Solana.
According to this resource-style article from Decrypt, the protocol aims to hide balances and transfer amounts without leaving Solana. The article also compares it with other solutions.
· It covers two types of data—balances and transfer amounts—rather than moving transactions to another chain.
· The source doesn't elaborate on how encrypted balances and amounts are verified and used. Differences from similar solutions are discussed only in the original comparison section, so no conclusions are drawn here.
Would you first look at whether it encrypts balances or transfer amounts?
According to this resource-style article from Decrypt, the protocol aims to hide balances and transfer amounts without leaving Solana. The article also compares it with other solutions.
· It covers two types of data—balances and transfer amounts—rather than moving transactions to another chain.
· The source doesn't elaborate on how encrypted balances and amounts are verified and used. Differences from similar solutions are discussed only in the original comparison section, so no conclusions are drawn here.
Would you first look at whether it encrypts balances or transfer amounts?
