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Umbra Privacy Opens Public Access to Solana Shielded Pool

Umbra Privacy says its Solana-based shielded pool uses Arcium’s MPC network (multi-party computation network) to support private-to-private transfers through shielded addresses and encrypted token accounts.

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Summary

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Terms & Concepts
  • MPC network: A multi-party computation network lets multiple parties process data jointly without revealing the underlying private information to each other.
  • Shielded addresses: Blockchain addresses designed to obscure sender, receiver, or transaction details to enhance on-chain privacy.
  • Encrypted token accounts: Token accounts whose data is cryptographically protected to help limit public visibility of balances or transfers.