Solana infrastructure company Helius has acquired Light Protocol, whose team will develop a ZK privacy protocol on the Solana chain. Light Protocol, founded in 2021, launched its ZK Compression solution in 2024. Helius plans to make the associated privacy infrastructure available to developers over the coming months. Mert Mumtaz stated that privacy will become a foundational element for blockchain scalability, much like HTTPS is for the internet.
Helius Acquires Light Protocol to Build Solana Privacy Infrastructure
AiCoinShare
Summary
Helius has acquired Light Protocol to build a zero-knowledge privacy protocol on Solana, according to blockchain news. Light Protocol, founded in 2021, launched its ZK Compression solution in 2024. Helius plans to make its privacy infrastructure available to developers soon. Mert Mumtaz said privacy will be a key component of blockchain scalability, akin to HTTPS for the internet. The protocol update aims to support broader adoption and enhanced developer tools.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.