Helius launches Solana Privacy Rings with confidential balances and transfers
TECHSolana Foundationcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Helius has launched Solana Privacy Rings on mainnet, with the default ring encrypting assets, amounts and optional memos during private transfers. Sender and recipient wallet addresses and the transaction hash remain public, and deposits from a public balance expose the asset, amount and addresses. The Solana Foundation says enterprise-oriented Custom Rings, with auditor access and eligibility controls, are in audit and expected in the coming weeks.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Check exactly which transaction details, such as addresses and deposit amounts, remain visible before relying on a private balance.
- Watch for the Solana Foundation's enterprise Custom Rings release, which it says is expected in the coming weeks.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
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