We're entering the Colosseum in Stealth mode.
And we are playing to WIN.
We'll bring private transactions with rewards to Solana.
How the π¦ will we do that?
For regular people - imagine Tornado Cash, but 10x better.
Tornado stores some of its data off-chain and takes your money.
Stealth is 100% on-chain + you get rewards.
That's really all you need to know, but a few tech nerds said they'll give me a @solana shirt in exchange for all of the company secrets... so here we are:
Private transaction state is stored on-chain as a Merkle tree (relatively small one, 14 levels), with each sibling node pair stored as a PDA.
Each withdrawer only pays the rent for all the node accounts that include his merkle-path.
Each tree is scoped to one token and one fixed deposit value, so users are grouped into the same anonymity set.
When the deposit period ends, the tree enters an additional withdrawal-only period to increase anonymity before it expires.
As one tree ends, a new one starts automatically.
When the withdrawal period expires, the old PDA accounts can be closed, rent is claimed back (around 20 SOL), and that value is distributed to lucky users through rewards.
1/ @Solana's Frontier Hackathon has commenced!ποΈ
π Crypto's largest online startup competition
π° $2.5 million from Colosseum's venture fund
π Up to 10 startups accepted into our accelerator
π Product submissions due by May 11, 2026
Join: https://t.co/6GVqmKOtbL
Want to earn money from sending private transactions?
Introducing Stealth Finance - a decentralized privacy protocol on @solana that pays you.
Big things are coming.