Sui Says Institutions Won't Settle on Transparent Chains; Mysten Unveils Privacy Prototype

Sui Says Institutions Won't Settle on Transparent Chains; Mysten Unveils Privacy Prototype

N
News Editor
2026-08-10 17:17:50
In a post on X, Sui said institutions won't choose to settle on infrastructure where competitors can see pricing and trading volumes. The project argued that public amounts on most blockchains have been a persistent obstacle to real commercial settlement. Mysten has introduced a new prototype aimed at solving the amount-privacy concern, built on Seal MPC and confidential transfers, according to the announcement. ChainCatcher reported the update. The post did not disclose further implementation details or a deployment timeline.

Sui said in a post on X that institutions won't settle on infrastructure where rivals can view pricing and trading volumes.

The project added that public amounts on most blockchains have been an obstacle to real commercial settlement. Mysten has now introduced a prototype to address that amount-privacy issue. The prototype is built on Seal MPC and confidential transfers, according to the announcement.

ChainCatcher reported the update. No additional implementation details were disclosed in the post.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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