{"id":52883,"date":"2025-10-27T13:38:37","date_gmt":"2025-10-27T06:38:37","guid":{"rendered":"https:\/\/hbbgroup.net\/restoring-privacy-to-zec-on-solana-via-encifher\/"},"modified":"2025-10-27T13:38:37","modified_gmt":"2025-10-27T06:38:37","slug":"restoring-privacy-to-zec-on-solana-via-encifher","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/restoring-privacy-to-zec-on-solana-via-encifher\/","title":{"rendered":"Restoring Privacy to ZEC on Solana via Encifher"},"content":{"rendered":"<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>ZEC&#8217;s price has surged by 380% this month.<\/h2>\n<p><span>Updated Oct 27, 2025, 6:24\u202fa.m. <\/span><span>Published Oct 27, 2025, 6:23\u202fa.m. <\/span><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Privacy-focused cryptocurrency <span data-submodule-name=\"price-chip\" data-submodule-version=\"1.0.0\" data-submodule-instance=\"default\"><a href=\"http:\/\/www.coindesk.com\/price\/zcash\"><span><span><span>ZEC<\/span><span><svg fill=\"none\" height=\"24\" viewbox=\"0 0 25 24\" width=\"25\"><path d=\"M9.20956 12.29L11.7996 9.69997C12.1896 9.30997 12.8196 9.30997 13.2096 9.69997L15.7996 12.29C16.4296 12.92 15.9796 14 15.0896 14H9.90956C9.01956 14 8.57956 12.92 9.20956 12.29Z\" fill=\"#218410\" \/><\/svg><\/span><span>$357.91<\/span><\/span><\/span><\/a><\/span> has recently surged in price, prompting multiple blockchains to integrate the token into their ecosystems.<\/p>\n<p>On Oct. 16, Solana, the world&#8217;s second-largest smart contract platform, <a href=\"https:\/\/x.com\/universaldotxyz\/status\/1978494334799331438\" target=\"_blank\">launched wrapped ZEC via the Zolana bridge<\/a>. However, these wrapped tokens function as standard Solana Program Library (SPL) tokens and do not offer the privacy protections inherent to native Zcash. They are backed 1:1 by native ZEC but do not conceal balances or transaction data.<\/p>\n<p>Encifher addresses this limitation <a href=\"https:\/\/x.com\/encifherio\/status\/1982091257540198648?s=46\" target=\"_blank\">by re-wrapping tokens into encrypted assets<\/a> like eZEC, enabling private, encrypted swaps on Solana through cutting-edge fully homomorphic encryption (FHE). This technology ensures that sensitive transaction information remains concealed, restoring ZEC\u2019s native privacy on the fast Solana network.<\/p>\n<p>&#8220;To truly make ZEC private on Solana, it should be re-wrapped into encrypted assets like eZEC, where balances and transfers are hidden, yet composable with Solana DeFi. That\u2019s how ZEC\u2019s original vision, privacy at the asset level, can actually live on Solana,&#8221; Encifher&#8217;s social media handle <a href=\"https:\/\/x.com\/encifherio\/status\/1982091257540198648?s=46\" target=\"_blank\">Encrypto.trade said in a post<\/a> on X.<\/p>\n<p>Encifher uses powerful encryption to conceal user balances and transfer details on-chain. Transactions are secured and validated through zero-knowledge proofs, while sensitive data remains accessible only to authorized parties using threshold decryption protocols. <\/p>\n<p>This approach encrypts client balances with threshold ElGamal encryption and stores the encrypted data off-chain in a secure data availability layer, while the Solana blockchain handles cryptographic pointers to these balances without exposing the actual values.<\/p>\n<p>Think of EIGama encryption as a treasure chest that opens only when a certain number of trusted friends come together with their own special keys. This means that no single friend can access the chest alone, ensuring added security.<\/p>\n<p>The setup allows users to hold and transfer encrypted ZEC tokens confidentially, effectively transforming Solana\u2019s public blockchain into a privacy-preserving environment that remains fully compatible with decentralized finance applications. The system prevents transaction linkability and address reuse by employing ephemeral accounts that exist for only one transaction lifecycle, making analysis by third parties effectively impossible.<\/p>\n<p>So, with Encifher, Solana users gain a means to reclaim ZEC\u2019s original promise of asset-level privacy on a blockchain known for speed and low cost, bridging the best of both worlds.<\/p>\n<p>Encifher&#8217;s privacy-preserving features have been implemented on top of Jupiter, Solana&#8217;s leading decentralized exchange, enabling users to trade encrypted tokens while preserving their privacy.<\/p>\n<p>ZEC&#8217;s price has surged 380% to $375 this month, CoinDesk data show. Per some <a href=\"https:\/\/finance.yahoo.com\/news\/arthur-hayes-10-000-zec-161819159.html\" target=\"_blank\">observers<\/a>, the sharp rally has been catalyzed by the impending ZEC halving, the debut of Grayscale ZEC Trust and Hyperliquid listing. <\/p>\n<\/div>\n<div>\n<p><span class>AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to <\/span><a rel=\"noopener noreferrer\" href=\"http:\/\/www.coindesk.com\/ethics\">our standards<\/a>. <span class>For more information, see <\/span><a rel=\"noopener noreferrer\" href=\"http:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/p>\n<\/div>\n<div data-module-name=\"promotional-article\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<figure><img loading=\"lazy\" alt=\"OwlTing Report Open Graph Image\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F9279ad8313e84cc2a140760083a30ef273724ccd-2400x1260.png%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.<\/p>\n<p><a href=\"http:\/\/www.coindesk.com\/research\/owlting-stablecoin-infrastructure-for-the-future\">View Full Report<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<p>Alibaba Affiliate Ant Group Files \u2018AntCoin\u2019 Trademark in Hong Kong, Hinting at Crypto Ambitions<\/p>\n<figure><img loading=\"lazy\" alt=\"Hong Kong's skyline (Chris Lam\/CoinDesk)\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fed80db9acebe4efa05975c5c87747f9b835045dd-1920x1080.jpg%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>While the filing doesn\u2019t confirm a token launch, it shows Ant Group laying legal groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure.<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<ul>\n<li>Ant Group has filed a trademark application for AntCoin in Hong Kong, indicating potential expansion into blockchain financial services.<\/li>\n<li>The trademark covers a wide range of financial activities, including stablecoin issuance and digital-asset custody, aligning with Hong Kong&#8217;s Web3 economy.<\/li>\n<li>The filing comes ahead of Ant Group Chairman Eric Jing&#8217;s participation in Hong Kong FinTech Week, which will focus heavily on cryptocurrency.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/markets\/2025\/10\/27\/alibaba-s-ant-group-files-antcoin-trademark-in-hong-kong-hinting-at-crypto-ambitions\">Read full story<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>ZEC&#8217;s price has surged by 380% this month. Updated Oct 27, 2025, 6:24\u202fa.m. Published Oct 27, 2025, 6:23\u202fa.m. Privacy-focused cryptocurrency [&hellip;]<\/p>","protected":false},"author":5,"featured_media":52884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-52883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/52883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=52883"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/52883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/52884"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=52883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=52883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=52883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}