Watch Desk posted an update
Helius has launched Solana Privacy Rings on mainnet, a protocol designed to let users make private transfers and use services such as swaps, lending and staking without leaving Solana. The announcement describes encrypted balances and zero-knowledge proofs, with no trip to a secondary network required.
Why it mattersHelius also announced Custom Rings for businesses seeking permissioned privacy environments. Decrypt’s Money Account is among the integrations named. Private finance on a public blockchain: less of an oxymoron, at least in the product pitch.
Discuss: How much should users trust privacy tools that are still undergoing formal verification?
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