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Solana Foundation Proposes "Privacy as a Configurable Feature" Solution for Institutions
Deep Tide TechFlow News, March 24 — According to CoinDesk, the Solana Foundation released a report titled “Privacy on Solana: A Full Spectrum Solution for Modern Enterprises,” proposing to treat privacy as a customizable feature to promote institutional adoption.
The report defines privacy as a spectrum consisting of four modes: pseudonymity (public transaction data, hidden identities), confidentiality (known participants, sensitive data encrypted), anonymity (hidden identities, visible transaction data), and full privacy systems (both identities and transaction data fully shielded through zero-knowledge proofs, multi-party computation, and other technologies).
The report notes that Solana’s high throughput and low latency make advanced privacy technologies like zero-knowledge proofs practically feasible, supporting applications such as encrypted order books and private credit risk calculations. On the compliance front, the report introduces an “audit key” mechanism, allowing designated parties to decrypt transaction records when necessary; it also supports wallets proving compliance status without revealing identities to meet anti-money laundering regulations.