Solana introduced "confidential" transactions

[serrq]

Solana v1.16 validators update introduces "confidential transfers".

https://solana.com/news/solana-validators-v1-16-update

[serrq]

Below another article, focused on privacy over the newer Solana masked transactions. It will directly compete with XMR and ZEC?

However masked transactions aren't shielded. The centralized governments yet can unmask the transactions for regulatory purposes.

https://www.crypto-news-flash.com/solanas-game-changing-update-native-support-for-private-blockchain-transactions-a-new-rival-to-monero-dash-and-zcash/

[serrq]

Confidential transactions using Token22, issuers on Solana can natively preserve user privacy by masking account balances and transfer amounts, how much is sent in a transaction — while preserving auditing rights to ensure regulatory compliance. Confidential transactions will be active on mainnet-beta in late 2023.