Starknet lets DeFi users hide their main wallets

Ethereum layer-2 network Starknet has launched Shadow Accounts, a new privacy feature that allows users to trade, lend and manage decentralized finance (DeFi) positions without publicly connecting their activity to their main cryptocurrency wallets. StarkWare launched Shadow Accounts on Starknet, allowing separate application identities without exposing users' wallet links. Shadow Accounts keep transactions and balances publicly visible while obscuring connections to users' primary wallets. Users fund their Shadow Accounts through STRK20 shielded balances and maintain positions across multiple transactions. Developers can integrate the privacy feature into existing applications through the Starknet Wallet API interface.