MultiversX Tracker is Live!

Privacy push as StarkWare and Sui move toward compliance-ready confidential transfers

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 2 Views

Privacy push as StarkWare and Sui move toward compliance-ready confidential transfers

StarkWare and Sui roll out confidential transfer systems as Zama boosts compliance efforts and Zcash’s Orchard bug highlights risks in shielded privacy models.

StarkWare and Sui launched new privacy features this week that allow users to conceal transaction data without fully sacrificing auditability or regulatory oversight.

StarkWare said Tuesday that it launched STRK20, a privacy framework for ERC-20 tokens on Starknet that allows users to shield balances and transaction data while providing mechanisms for disclosure under certain circumstances.

Eli Ben-Sasson, co-founder and CEO of StarkWare, told Cointelegraph that "compliance-ready" does not mean STRK20 itself determines legal compliance or guarantees regulatory approval. He said the framework is built around a risk-based model in which privacy is conditional rather than absolute, with screening applied at entry into the shielded pool and viewing-key-based disclosure available under lawful request.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments