Solana Security Subsidy ProgramCohort V - Feb 2026
SIP Protocol

SIP Protocol

Privacy Infrastructure for Solana

Stealth addresses + Pedersen commitments + Viewing keys for compliance

Audit Scope~1,050 LOC|Rust / Anchor
Solana program for shielded transfers with ZK verification
Validated

Zypherpunk Hackathon Winner

3 Tracks$6,500#9 of 93
NEAR + Tachyon + pumpfun • Dec 2025
Why Audit Matters

Security is Non-Negotiable

Our program handles user funds with complex cryptography. Professional audit is mandatory before mainnet.

Handles Real Value

The Solana program processes shielded transfers of SOL and SPL tokens. User funds must be protected.

Cryptographic Complexity

Pedersen commitments, stealth addresses, and ZK proof verification require expert review.

Pre-Mainnet Critical Path

Security audit is the gating item for mainnet deployment. No audit = no mainnet.

Institutional Trust

Audited code unlocks enterprise adoption. DAOs and institutions require audit reports.

Audit Scope

~1,050 Lines of Rust

Focused scope: Solana Anchor program for privacy-preserving transfers

Source Files

FileLOCDescription
lib.rs~650Main program: initialize, shielded_transfer, claim_transfer, admin functions
commitment/mod.rs~200Pedersen commitment verification and format validation
zk_verifier/mod.rs~200ZK proof deserialization and verification logic
Total~1,050Solana Anchor program

Program Instructions

InstructionRiskDescription
initializeLowOne-time config setup with authority
shielded_transferCriticalSOL/SPL transfers with hidden amounts
shielded_token_transferCriticalSPL token variant with mint validation
claim_transferCriticalRecipient claims with nullifier + ZK proof
claim_token_transferCriticalSPL token claim variant
verify_commitmentMediumOn-chain Pedersen verification utility
verify_zk_proofHighZK proof verification for Noir proofs
set_paused / update_feeLowAdmin functions with authority check
Technology

Cryptographic Privacy Stack

Stealth Addresses

EIP-5564 style one-time recipient addresses. Prevents linkability between transactions.

Pedersen Commitments

C = v*G + r*H hides amounts cryptographically. Any amount, no fixed pools.

Viewing Keys

Selective disclosure for compliance. Auditors can verify without compromising user privacy.

Noir ZK Proofs

Funding, validity, and fulfillment proofs. Browser-compatible WASM verification.

Differentiation

Why SIP, Not Mixers

Pool-based privacy exposes amounts. Cryptographic privacy hides everything.

FeatureSIP ProtocolPool Mixers
Privacy MethodCryptographic (Pedersen)Pool Mixing
Amount PrivacyHidden (commitments)Visible on-chain
Viewing KeysNative supportNone
Amount CorrelationImpossibleVulnerable
Pool ConstraintsAny amountFixed sizes
Regulatory RiskLow (compliance-first)High (mixer)

Proven Traction

Production-ready code, not vaporware

6,850+
Tests Passing
SDK + React + CLI + API
v0.7.3
npm Published
@sip-protocol/sdk
Live
App Deployed
app.sip-protocol.org
M16
Phase 4 Active
Solana Same-Chain
Timeline

Path to Mainnet

Feb 2026

Devnet Deploy

sip-privacy program deployed to Solana devnet with ZK verification

Mar 2026

Testnet Beta

Public beta with Helius DAS integration and Jupiter DEX

Apr 2026Audit

Security Audit

External audit via Solana Security Subsidy Program

May 2026

Mainnet Launch

Production deployment after successful audit

The Builder

Built by a Developer

RECTOR

RECTOR

Live

@rz1989s

Solo Founder, SIP Protocol • 🇮🇩 Indonesia

💡 About

Indonesian developer building the privacy standard for Web3. Blockchain architect with $24,300+ across 6 wins (2024-2026) including $10K Superteam grant, MonkeDAO 1st, Zypherpunk Winner (3 tracks), and more. Focused on cryptographic privacy, cross-chain infrastructure, and high-performance systems. Privacy is a right, not a feature.

🔐 Why Privacy?

Remember when HTTP was the norm? We now consider sites without HTTPS dangerous. Web3 is in its HTTP era — transparency is the default, but crime follows money. As Web3 matures, privacy becomes essential defense. SIP doesn't ignore blockchain fundamentals — it makes them better. Privacy isn't hiding, it's protection.

Why Solo?

Many doubt solo founders. I think differently. After building with teams, I learned that wrong teams are more dangerous than external threats — they're internal ones. Good projects with good teams still die from lack of synchronization. Solo means pure execution.

No committee decisionsNo synchronization overheadShip fast, iterate faster

🎯 The Endgame2028

SIP as THE privacy standard — like HTTPS for Web3
Privacy toggle in top 10 wallets globally
"Privacy by SIP" recognized like "Secured by SSL"

📊 GitHub StatsUpdated 3/6/2026

30
Repositories
378
Stars Earned
30
Followers
6,850+ Tests
Achievement

🛠️ Tech Stack

TypeScriptRustPythonNoirReactSolanaNEARZcashDocker

"One person. 6,850 tests. Zero shortcuts."

— Pure execution, no committee decisions