Arcium has launched its mainnet Alpha version on Solana, transitioning its encrypted computing network from a test environment to early production infrastructure. According to PANews, this project aims to power encrypted capital markets on public blockchains, allowing developers to build verifiable and composable applications while keeping data fully encrypted.
The first application to go live on this network, Umbra, has simultaneously launched its 'private mainnet.' It has constructed a shielded financial layer on Solana through a phased rollout, initially offering shielded transfers and encrypted exchange functions. Access will be limited initially, with 100 users allowed per week and a deposit limit of $500. The access scope and limits are expected to expand in February.