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Project Status

All clusters have the latest program deployed without confidential transfer functionality.

The program with confidential transfer functionality will be deployed once Agave v2.0 reaches mainnet-beta with the appropriate cluster features enabled.

Timeline

Here is the general program timeline and rough ETAs:

IssueETA
Mainnet recommendationWinter 2024 (depends on v1.17)
Token group extensionSummer 2024
Confidential transfersAutumn 2024 (depends on v2.0)
Freeze program2025

More information: https://github.com/orgs/solana-labs/projects/34

Remaining items

v2.0 with ZK ElGamal Proof Program

In order to use confidential tokens, the cluster must run at least version 2.0 with the ZK ElGamal Proof Program enabled.

More information: https://github.com/anza-xyz/agave/issues/1966

Future work

Wallets

To start, wallets need to properly handle the Token-2022 program and its accounts, by fetching Token-2022 accounts and sending instructions to the proper program.

Next, to use confidential tokens, wallets need to create zero-knowledge proofs, which entails a new transaction flow.

Increased transaction size

To support confidential transfers in one transaction, rather than split up over multiple transactions, the Solana network must accept transactions with a larger payload.

More information: https://github.com/orgs/solana-labs/projects/16

Upgradability

To facilitate deploying updates and security fixes, the program deployment remains upgradable. Once audits are complete and the program has been stable for six months, the deployment will be marked final and no further upgrades will be possible.