🛫Send Confidential Transfers

What it does: Sends tokens to another address with encrypted amounts that are hidden from public view.

Requirements for receiver:

• Must have a token account configured for confidential transfers (Step 1)

• Must provide their wallet address (public key)

• No other setup required - they can receive confidential transfers once their account is configured

Transaction details:

• Encrypts the transfer amount using the recipient's public key

• Generates ZK proofs that verify you have sufficient balance without revealing your actual balance

• Creates range proofs that verify the transfer amount is valid

• Updates both sender and recipient confidential balances

Why multiple transactions: Confidential transfers require complex cryptographic operations:

1. Transfer transaction: Executes the encrypted transfer with ZK proofs

2. Additional proof transactions: May include supplementary range proofs or balance validations

What you're signing:

1. A message signature for key derivation

2. Multiple transactions containing:

   • Encrypted transfer amounts

   • Zero-knowledge proofs of balance sufficiency

   • Range proofs validating transfer amounts

   • Balance update instructions