StarkWare to Integrate EY’s Nightfall for Privacy on Starknet

StarkWare’s Starknet will gain enterprise-grade privacy by integrating EY’s Nightfall, enabling confidential transactions with optional compliance features for regulated institutional use.

STRK

Summary

StarkWare is integrating EY’s open-source Nightfall privacy layer into Starknet to support confidential institutional transactions. Nightfall enables private B2B payments and asset transfers while offering compliance tools such as KYC. The integration targets regulated entities seeking privacy without sacrificing public blockchain accessibility, aligning Starknet’s scalability with enterprise confidentiality.

Terms & Concepts
  • Starknet: A layer-2 blockchain network built on Ethereum, designed to provide scalable and efficient transaction processing using zero-knowledge rollups.
  • Nightfall: A privacy protocol developed by EY that enables confidential transactions on public blockchains with selective disclosure and compliance features.
  • KYC (Know Your Customer): A regulatory process where businesses verify the identity of clients to prevent illegal activities such as money laundering.