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Solana

Solflare Launches Private Mode for Solana Payments

Solflare has introduced a new privacy feature powered by Helius that conceals assets and transaction amounts during payments on Solana.

Solflare Launches Private Mode for Solana Payments
Image: BullishMarketCap

Solflare has launched a new private mode for payments on the Solana network, according to a report by TheDefiant. Powered by infrastructure provider Helius, the feature is designed to hide specific assets and transaction amounts from public view.

Privacy Limitations

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While the privacy mode conceals asset balances and transfer amounts, it does not hide user wallet addresses. Additionally, certain on-chain actions such as token swaps and staking operations will continue to require public balances to function correctly.

Key facts

  • Solflare launched the private mode for Solana payments.
  • The feature is powered by Helius.
  • Balances and amounts are hidden, while wallet addresses remain public.
  • Swaps and staking still require public balances.
$SOL#Solana#Solflare#Crypto

Source: thedefiant.io

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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