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Starknet Adds Optional Token Privacy as Zcash Layer 2 Remains Experimental

Starknet Adds Optional Token Privacy as Zcash Layer 2 Remains Experimental

Photo: TokenPost

Starknet’s STRK20 framework lets users shield supported tokens, while a separate proposal called Ztarknet explores programmable execution on Zcash (ZEC). STRK20 is operating on Starknet; Ztarknet remains at the proof-of-concept stage, with its production design unfinished. Users can shield supported ERC-20 assets in STRK20’s pool, then transfer them without exposing the sender, recipient, amount or token type. Users can later return assets to public balances. Deposits, withdrawals, pool interactions and their timing remain visible, and some actions or amounts in decentralized finance applications may also be public.

Source: TokenPost

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