The zero-knowledge-based privacy protocol Elusiv has been launched on the main network of Solana
On March 9, it was reported that Elusiv, a zero-knowledge-based and compliant privacy agreement, had been launched on the main network of Solana, allowing users to send private transactions. In addition, Elusiv is compatible with Solana Pay and supports SOL and SPL tokens. Basic compliance functions include proof of ownership and the ability to create and view keys, enabling users to control the transaction information they share as needed.
Interpretation of this information:
The launch of Elusiv on the main network of Solana has brought a lot of excitement to the crypto community. Elusiv is a privacy agreement that is zero-knowledge-based and compliant, which means users can enjoy the benefits of blockchain technology without revealing their transaction information. This is a significant development for the industry, as privacy concerns have been an ongoing issue since the inception of blockchain.
Through Elusiv, Solana users can now send private transactions, which is a huge advantage for industries that require privacy, such as healthcare or finance. This is possible because Elusiv is designed to protect user data and permits them to control the information they share as needed. The platform includes basic compliance functions such as proof of ownership and the ability to create and view keys.
Furthermore, Elusiv is also compatible with Solana Pay, making it easier for users to send and receive payments using SOL and SPL tokens. This integration allows for faster and more confidential transactions, which is an essential feature for users who work in sensitive industries. The team behind Elusiv is focused on creating a solution that is not only secure but also user-friendly to attract a broader user base.
Overall, Elusiv represents a significant step towards developing compliant privacy solutions, which are critical to the future of blockchain technology. The platform’s focus on user privacy is particularly important, as it is an ongoing concern for many sectors globally.
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