🔥 Solana (SOL) introduces Confidential Transfers feature to encrypt SPL token transactions and improve performance.
- Version 1.16 of the update includes "Confidential translations"
- Developed by Solana Labs and Helius Labs, reviewed by Halborn
- Feature ensures transaction confidentiality using zero-knowledge proofs
- Improved support for Zero-Knowledge Proof and reduced hardware requirements
- Feature rollout will occur in stages during Solana eras
- Version 1.16 of the update includes "Confidential translations"
- Developed by Solana Labs and Helius Labs, reviewed by Halborn
- Feature ensures transaction confidentiality using zero-knowledge proofs
- Improved support for Zero-Knowledge Proof and reduced hardware requirements
- Feature rollout will occur in stages during Solana eras