Solana mainnet launches support for ZK's encrypted token standard 'Confidential Balance'

According to Foresight News, Solana tweeted that the mainnet has launched "Confidential Balance", which supports zero knowledge proofs and maintains sub second transaction speeds while ensuring compliance with regulations. The official introduction states that it is extended by a set of three tokens on Solana, supporting configurable privacy features including encrypted balances and transfers, minting/destroying operations with hidden total supply, and covert handling of transaction fees.