The team behind Starknet has introduced a new token standard aimed at solving one of the most persistent issues in blockchain: the lack of privacy in everyday transactions. Called STRK20, the new framework allows ERC-20 tokens to support confidential balances and private transfers while still operating within the broader decentralized finance ecosystem. The idea is fairly simple in principle but significant in practice, users can interact with tokens without exposing every detail of their activity to the public blockchain. The project shared the announcement in a public thread explaining how the standard works and why privacy is becoming a critical
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