DECRYPT · 2026-11-11 17:09 UTC

What Are Solana Privacy Rings? Inside Helius' Privacy Protocol for Solana

Solana Privacy Rings are shielded pools developed by Helius that encrypt balances and transfer amounts while execution and settlement stay on Solana mainnet, launched November 10, 2026. The default Ring is confidential: it hides the asset and amount of a transfer but not sender and receiver addresses; each transfer uses a Groth16 zk-SNARK that Helius says can be generated in tens of milliseconds. Users keep custody of funds, can decrypt balances via viewing keys, and can share single-transaction keys with auditors or counterparties; Custom Rings for institutions add further controls.

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