Solana has introduced Confidential Balances to improve privacy in transactions. This feature builds on previous Confidential Transfers and offers new functionalities like private minting and burning. With auditor keys, regulatory bodies can access transaction data while maintaining user confidentiality.
JavaScript upgrades are set to make Confidential Balances available in mainstream mobile and web wallets, simplifying usage for everyday users. This initiative aims to blend user privacy with institutional transparency, ensuring compliance without compromising sensitive information.
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