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Solana devnet test shows hidden perp positions via zero-knowledge proofs
Original: I placed a perp order on Solana devnet and searched my wallet on an explorer. The deposit showed up and the position sta
A developer tested a perpetual order on Solana devnet and then checked their wallet on a blockchain explorer. The deposit was visible, but the position itself remained hidden: the smart contract verifies a cryptographic proof without ever reading the position data, keeping it private by design. The experiment has sparked debate over whether traders should trust proofs over readable on-chain accounts.
Why now: Privacy-preserving trading on public blockchains is a hot topic, and this hands-on test shows zero-knowledge proofs working in practice on Solana.
Evidence
- I placed a perp order on Solana devnet and searched my wallet on an explorer. The deposit showed up and the position stayed hidden by design: the program verifies a proof and never reads it. Would you trust a proof over a readable account? # blockchain # crypto # security #… · hackaday@www.urbanmind.net · 1
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