Helius's Solana Privacy Rings is now live on the Solana mainnet
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AT A GLANCE
PANews, citing Solana's official announcement, reported that Helius has launched Privacy Rings on the Solana mainnet, enabling applications to add privacy features, though wallet addresses remain visible.
Article
Helius Launches Privacy Protocol Privacy Rings on Solana Mainnet
PANews November 10 news, according to official Solana sources, Solana infrastructure company Helius today launched the permissionless privacy protocol Solana Privacy Rings on the Solana mainnet. Developers can add privacy features to new and existing Solana applications through the API, laying the foundation for private payments, private DeFi, and enterprise compliance privacy. Privacy Rings are programmable shielded pools, with assets and amounts stored encrypted on-chain, while wallet addresses remain visible. Users can decrypt balances through viewing keys, and it supports SOL, SPL tokens, and Token-2022 tokens. ZK proof verification takes only a few hundred milliseconds. Its core program and ZK circuits have been audited by Certora, OtterSec, and ZK ...
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🔗 https://www.panewslab.com/zh/articles/01a1c5eb-8a1d-74f8-a974-cca53d541411
Key points
01
PANews reported on November 10, citing official Solana news, that Helius has launched the permissionless privacy protocol Solana Privacy Rings on the Solana mainnet.
02
Developers can add privacy features to new and existing Solana applications through the API.
03
Privacy Rings uses programmable shielded pools, where assets and amounts are stored encrypted on-chain, while wallet addresses remain visible.
04
Users can view their decrypted balance with their key. The protocol supports SOL, SPL tokens, and Token-2022 tokens.
05
The report claims that ZK proof verification takes only a few hundred milliseconds.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This protocol allows developers to add privacy features to Solana applications. The scope of privacy described in the report is encryption of assets and amounts, rather than hiding wallet addresses; users can use viewing keys to read balances, so this should not be understood as all information being invisible.
Why it matters to readers
The report lists privacy payments, privacy DeFi, and enterprise compliance privacy as application directions, but does not provide the actual implementation status of these directions.
It is important to distinguish between "amount encryption" and "address hiding": this report clearly states that wallet addresses remain visible, so privacy features cannot be equated with complete anonymity.
Risks and unknowns
The main text is truncated at the core program and ZK circuit-related information, making it impossible to confirm the complete list of audit institutions, audit conclusions, and scope of coverage.
The provided material does not contain the complete original announcement, and the functional and performance descriptions cannot yet be independently verified.
The report did not provide specific implementation details on actual usage volume, developer integration status, or enterprise compliance and privacy.
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API
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