Sui says confidential transfers have entered public testnet beta

The network said on X that while other chains say they are still building confidential transfers, Sui's version is already in a public beta phase.

SUI

Summary

Sui said confidential transfers are now in public testnet beta, marking a step toward adding privacy-focused transaction functionality on the network. In a post on X, the project contrasted its rollout with other chains that it said are still developing similar features. Confidential transfers generally refer to transaction tools that obscure sensitive payment details while allowing activity to be processed onchain.

Terms & Concepts
  • confidential transfers: Transactions that hide sensitive payment details
  • public testnet beta: Open testing phase before wider launch
  • onchain: Recorded and processed on a blockchain