Aptos Says New Privacy Coin Balances Safety, Transparency
Cointelegraph
Aptos Labs launched Confidential APT, a privacy coin using zero-knowledge proofs to balance user confidentiality with regulatory compliance.Summary
Aptos Labs has introduced 'Confidential APT', a privacy-focused token on the Aptos mainnet designed to resolve the conflict between transaction privacy and financial transparency. By utilizing zero-knowledge proofs, the token conceals balances and transfer amounts while keeping transaction verification and wallet addresses visible. According to founding engineer Sherry Xiao, this technology prevents risks like wallet profiling and corporate data exposure, such as salary or strategy leaks. To ensure regulatory compliance, the system includes an auditor key feature—activated only through an on-chain governance vote—that allows for investigations into illicit activities while maintaining privacy by default.
(Source：Cointelegraph)