In the ever-evolving landscape of digital transactions, ensuring privacy has become paramount. The rise of blockchain technology has introduced innovative solutions, and Integritee’s private sidechain model stands out as a promising approach. This article explores how Integritee’s unique architecture can enhance privacy in transfers and provide users with an unprecedented level of confidentiality.
Understanding Integritee’s Private Sidechain Model
Integritee operates on the principle of combining the transparency of public blockchains with the privacy of trusted execution environments (TEEs). A privacy sidechain is essentially a separate lightweight blockchain network that runs in parallel to the main blockchain, allowing for fast and private transactions without compromising the integrity of the entire system.
While the transparency of a public blockchain is a strength in terms of accountability, it poses challenges when it comes to sensitive information. Private transactions aim to address this issue by encrypting the details of transactions, including the amount and parties involved. This ensures that while transaction proofs are still recorded on the public ledger, the specific details remain confidential.
Integritee’s private sidechain model represents a significant leap forward in the quest for enhanced scalability and privacy in digital transactions. By combining the transparency of a public ledger with the privacy of TEEs, Integritee offers a unique solution. As industries continue to embrace blockchain technology, the adoption of innovative models like Integritee’s private sidechain will play a pivotal role in shaping the future of private transactions.
The Role of Validateers
Our sidechains are secured by validateers — they’re responsible for validating new transactions and maintaining the consensus of the blockchain — operating within TEEs, a hardware-encrypted area of a CPU securing data in use. The added value of our sidechains is that once verified, all validators can trust each other, thus enabling sub-second block times with up to 2,000 TPS on each sidechain. In combination, this provides a cumulative capacity of up to 1 million TPS over the entire Integritee Network for well-shardable use cases.
Computations done inside TEEs can be independent and isolated, providing developers with a set of attractive benefits: scalability, confidentiality, and independent economics on L2. If you’re interested in knowing more about our sidechains and their features, check out this article.
Let’s Get Technical
Although we’ve been referring to our privacy sidechain as a “model”, we’re proud to introduce Incognitee, a private transaction sidechain for all substrate-based blockchains. Incognitee might soon become a reality, as we’re actively working on making it available soon. Why the name “Incognitee”? Because it allows you to stay “incognito” and as all things Integritee, it leverages the power of TEEs to offer privacy and scalability.
Our team created a short, easy-to-follow demo featuring the process of transferring tokens with the Incognitee sidechain. By the end, you’ll notice the differences between sending tokens via a public, transparent blockchain, and ours.