Starknet has launched STRK20, a zero-knowledge privacy framework that allows users to mask balances and transfer assets privately with any ERC20 on the network. This feature has been deployed on strkBTC.
STRK20 is designed for developers to add privacy to use cases like sending money, swapping, lending, staking, payments, and donations without needing to build a separate system. This framework uses an integrated 'masking' mechanism along the asset's path, rather than a traditional mixer structure.
STRK20 also has a viewing key mechanism, allowing selective disclosure of specific wallet info when a valid legal request is received. This approach aims to balance privacy protection and compliance requirements.
Starknet CEO Eli Ben-Sasson believes that ZK privacy solutions can help make investigations more accurate while reducing spillover effects to multiple wallets.
Source: https://tintucbitcoin.com/starknet-ra-mat-strk20-ho-tro-chuyen-rieng-tu-erc20/
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