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David @ Solana Breakpoint | Anatoly & Austin
Bankless
"Token 2022": Upgrades and Confidential Transfers on Solana
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The Ethereum terminology is not actually part of the code base of Solana, it's a user choice. Token 2022 is an upgraded version of the token program, similar to upgrades seen in the NFT standard on Ethereum. It includes confidential transfers, allowing transactions without revealing details. The upcoming fire dancer runtime v2 will integrate system calls for this feature. A significant and exciting aspect of Solana is the powerful features of token 2022, particularly in the trend of permissioned environments. Companies can now have their own permissioned L2, similar to running their own email servers in the past.
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