机密余额：升级Solana的隐私

自索拉纳（Solana）透露机密余额以来已经一个月了，这是一系列扩展，为资产所有者和代币发行人增加了新的机密性。

It’s been a month since Solana revealed Confidential Balances, a set of extensions that add new layers of confidentiality for asset owners and token issuers. The move encloses an effort to enhance privacy features without sacrificing necessary compliance.

自索拉纳（Solana）透露机密余额以来已经一个月了，这是一系列扩展，为资产所有者和代币发行人增加了新的机密性。此举封闭了提高隐私功能而不牺牲必要合规性的努力。

BeInCrypto consulted Pat Zhang, head of research at WOO X, to analyze how these latest developments might influence user adoption and the broader Solana ecosystem.

Beincrypto咨询了Woo X研究主管Pat Zhang，分析了这些最新发展如何影响用户采用和更广泛的Solana生态系统。

Confidential Balances: Upgrading Privacy on Solana

机密余额：升级Solana的隐私

In April, Solana expanded the specialized extensions originally developed under its Token2022 program.

4月，Solana扩大了最初根据其Token2022计划开发的专业扩展。

This latest development, renamed Confidential Balances, upgrades the level of confidentiality users can access. It builds on the earlier Confidential Transfers function and uses zero-knowledge proofs together with homomorphic encryption to keep transaction details hidden from public view while still allowing verification on-chain. Confidential Balances allows transaction amounts to be hidden while wallet addresses remain visible. It also supports concealing transaction fees using the same encryption methods and enables token minting and burning without revealing changes in supply.

这一最新开发（重命名的机密余额）升级了用户可以访问的机密性水平。它建立在较早的机密传输功能上，并使用零知识证明以及同构加密，以使交易详细信息远离公众视图，同时仍允许在链上进行验证。机密余额允许隐藏交易金额，而钱包地址仍然可见。它还支持使用相同的加密方法隐藏交易费用，并在不揭示供应变化的情况下实现令牌铸造和燃烧。

These features enhance on-chain transaction privacy. They are also compatible with regulatory requirements. The upgrade provides token issuers with a new set of functionalities. An optional feature called the auditor key lets designated entities, such as regulators or compliance teams, decrypt transaction data when necessary. Token issuers can configure different privacy levels, from fully public to fully confidential, allowing for flexible use across a range of applications.

这些功能增强了链接交易隐私。它们还与监管要求兼容。升级为令牌发行人提供了一套新的功能。可选功能称为审核键，允许指定的实体（例如监管机构或合规团队）在必要时解密交易数据。令牌发行人可以配置不同的隐私级别，从完全公开到完全机密，从而可以在一系列应用程序中灵活使用。

Can Solana Outpace Competitors in Privacy Adoption?

Solana能否超越采用隐私的竞争对手？

While competitors like Ethereum have already used zero-knowledge proofs to enhance user privacy, Zhang believes Solana’s inherent strengths will allow it to achieve greater adoption through Confidential Balances.

尽管像以太坊这样的竞争对手已经使用了零知识证明来增强用户隐私，但张认为索拉纳的固有优势将使它通过机密余额获得更大的采用。

Solana’s low fees, high throughput, and configurable privacy levels provide distinct advantages in both developer and retail markets. For retail users, the impact could be significant. Solana’s low fees, often under $0.01, and fast transaction speeds make privacy features more accessible compared to Ethereum’s costlier zkRollups.

Solana的低费用，高吞吐量和可配置的隐私水平在开发人员和零售市场中都具有明显的优势。对于零售用户，影响可能会很大。 Solana的低费用通常低于0.01美元，而快速交易速度使与以太坊的ZKrollups相比，隐私功能更容易获得。

For institutional investors, Solana’s low transaction fees, around $0.00025, and high performance, with a theoretical throughput of 710,000 transactions per second, allow institutions to process large volumes efficiently while reducing operational costs.

对于机构投资者来说，Solana的低交易费用约为0.00025美元，并且高性能每秒710,000笔交易的理论吞吐量，允许机构有效地处理大量款项，同时降低运营成本。

These features also benefit institutions in managing liquidity and executing large trades without price impact. Institutions managing high-net-worth clients can execute large trades through confidential transfers without triggering market manipulation or front-running. The auditor key functionality also provides compliance support by enabling designated regulators or compliance teams to decrypt transaction data when necessary, ensuring adherence to anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.

这些功能还受益于机构管理流动性和执行大型交易而不会产生价格影响的机构。管理高净值客户的机构可以通过机密转让执行大型交易，而无需触发市场操纵或前线运行。审核员密钥功能还通过使指定的监管机构或合规团队在必要时解密交易数据，从而提供合规性支持，从而确保遵守反洗钱（AML）和反恐融资（CTF）法规。

Is Solana’s Approach Alienating Privacy-Focused Users?

Solana的方法是否疏远了以隐私为中心的用户？

While regulations are essential to protect users and maintain market integrity, the crypto industry’s outsized focus on confidentiality may place compliance as a secondary concern. As a result, Solana’s newest privacy features may drive away users who prioritize privacy over compliance.

虽然法规对于保护用户和维持市场诚信至关重要，但加密行业对机密性的专注可能将遵守构成次要关注。结果，Solana的最新隐私功能可能会驱逐优先考虑隐私而不是合规性的用户。

The emphasis on compliance, especially with features like auditor keys, could deter entities that prioritize full anonymity or minimal regulatory oversight. Since Confidential Balances aims to balance privacy with compliance, it may not align with the preferences of these privacy-focused institutions or entities.

强调合规性，尤其是在审计钥匙之类的功能上，可以阻止优先级匿名或最少监管监督的实体。由于机密余额旨在平衡隐私与合规性，因此它可能与这些以隐私为中心的机构或实体的偏好不符。

Early Impact and Future Potential

早期影响和未来潜力

Given that Confidential Balances has only been available for a month, it’s difficult at this stage to gauge just how much it has contributed to greater Solana adoption. In the absence of this information, tracking key indicators will be crucial in measuring the performance of this newest feature.

鉴于机密余额仅可用一个月，因此在此阶段很难衡量它为更大的索拉纳采用贡献了多少。在没有此信息的情况下，跟踪关键指标对于衡量此最新功能的性能至关重要。

Zhang suggests tracking several benchmarks to assess the impact of Confidential Balances on the Solana ecosystem. These metrics include changes in token issuance volume, minting activity, on-chain transaction patterns, and activity levels within institutional wallets.

张建议跟踪几个基准测试，以评估机密余额对Solana生态系统的影响。这些指标包括令牌发行量的变化，铸造活动，链交易模式和机构钱包内的活动水平。

However, Zhang remains cautiously optimistic over its eventual success. Confidential Balances appears to be an important step in Solana’s efforts to attract institutional adoption. By addressing concerns around privacy and compliance, it could enhance Solana’s position in the DeFi, DePIN, and enterprise markets. Over time, this upgrade may contribute to the growth of Solana’s market share and ecosystem.

但是，张对最终成功仍然谨慎乐观。机密平衡似乎是Solana努力吸引机构采用的重要一步。通过解决对隐私和合规性的担忧，它可以提高Solana在Defi，Depin和Enterprise Markets中的地位。随着时间的流逝，此升级可能会促进Solana市场份额和生态系统的增长。