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You can't have consumer & institutional adoption at scale without privacy Confidential transfers are NOW LIVE on Sui devnet go build

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Adeniyi.sui

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45,568 Aufrufe • vor 2 Monaten •via X (Twitter)

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Business moves deserve privacy. If everyone can track your transfers, you lose your edge. Confidential transfers on Sui. Live in public beta.
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Sui Network has officially gone private... Kind of. Sui has officially launched confidential transfers on the $SUI blockchain. However, for now, the privacy-preserving feature is live in public beta on Devnet only. The launch is a direct response to the potentially harmful transparent nature of blockchain transactions. With confidential transfers, parties transacting on Sui will have crucial information like counter-party addresses and amounts remain fully private but with a full audit trail for compliance purposes.
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Sui Network has officially gone private... Kind of. Sui has officially launched confidential transfers on the $SUI blockchain. However, for now, the privacy-preserving feature is live in public beta on Devnet only. The launch is a direct response to the potentially harmful transparent nature of blockchain transactions. With confidential transfers, parties transacting on Sui will have crucial information like counter-party addresses and amounts remain fully private but with a full audit trail for compliance purposes.

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Confidential transfers are live in public beta on Sui Devnet. Transfer amounts and balances are private, with controlled visibility for compliance and auditability. What this means for finance workflows: 🧵
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this year we're launching confidential transactions on sui the entire internet is about to get FREE PAYMENTS WITH PRIVACY, AT SCALE only possible on Sui
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it doesn't make sense to build privacy without compliance in mind no one should to expose their full transaction history to buy a coffee. and yet no institution will adopt rails that regulators and custodians can't support confidential transfers on Sui will solve for both
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The blockchain logs and sees everything, and so does everyone else. Every transfer. Every balance. Every mistake. Some things should simply not be public. Confidential transfers are now live in public beta on Devnet.
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Now live and fully rolled out on mainnet: Stablecoin transfers on Sui are free. No $SUI, no problem. Just send.
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🚀 Build on Move or EVM. Deploy to both. Access liquidity everywhere with Supra MultiVM, now live on Devnet. We’re inviting EVM builders with projects ready to ship. If you’re ready to build without limits… 👉 APPLY TO DEVNET:
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Privacy on XRPL is about to go to another level 👀 hiding amounts is done now they're working on hiding identities confidential transfers was just the beginning $XRP
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"You're BlackRock and you send JP Morgan money from one bank account to another. Would you want everybody to be able to see that?" "A lot of these chains, seeing the success of Canton and others, realize that institutions are not going to participate in crypto unless privacy is a given. Privacy, or we could even call it confidentiality in this case, like developing confidential transfers" "The problem with public blockchains is that you may not know it's my bank account and your bank account, but everybody can see where some money was sent, and with any decent onchain analysis, probably tie that to you. Institutions can't do that. The largest institutions on the planet need to know their transactions are completely confidential" "Ethereum Foundation researchers are launching an institutional grade privacy system called ETH Systems. They're developing confidential transfers, private bond issuance, privacy preserving identity, and confidential settlement systems designed specifically for institutional users"
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private transfers are now live on privacy pools v2 send funds to another address without revealing the sender, recipient, or amount chillin in the pool has never been more comfy
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Sui just went live on Hadron by @Tether. Sub-400ms finality. Object-centric architecture built for real asset logic. Now the rails institutions use to issue tokenized equities, bonds and commodities compliantly, are available at scale, on Sui.
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hadron_tether

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