$SOL update:

The Solana Foundation introduces a new privacy-focused system for institutions

🔐 Powered by zero-knowledge proofs

🏦 Built for secure, scalable adoption

Bringing privacy + compliance to Solana

Pseudonymity:

The standard blockchain model where wallet addresses are visible, but real-world identities are hidden.

Confidentiality:

Allows known participants to encrypt sensitive data like account balances and transaction amounts while maintaining visibility of the participants.

Anonymity:

Conceals the identities of the parties involved while keeping the transaction record visible on-chain.

Fully Private Systems:

The most restrictive tier, shielding both identity and transaction data from public view using a combination of Zero-Knowledge Proofs (ZKPs) and Multi-Party Computation (MPC).