Zcash News: Restoring Privacy to ZEC on Solana via Encifher
Encifher restores Zcash's native privacy to Solana by re-wrapping ZEC into encrypted assets like eZEC using FHE.Summary
Despite ZEC's recent price surge and its integration onto Solana via wrapped tokens through the Zolana bridge, these wrapped tokens lack Zcash's inherent privacy features. Encifher addresses this by re-wrapping ZEC into encrypted assets, such as eZEC, which allows for private, encrypted swaps on Solana using fully homomorphic encryption (FHE). This technology, which includes threshold ElGamal encryption and zero-knowledge proofs, conceals balances and transaction data while remaining composable with Solana DeFi. Encifher stores encrypted data off-chain, using the Solana blockchain only for cryptographic pointers, and employs ephemeral accounts to prevent transaction linkability, effectively restoring ZEC's asset-level privacy on Solana's fast network, with features already implemented on the Jupiter DEX.
(Source：CoinDesk)