Deep Dive
1. Privacy & Programmability Upgrades (April 2025)
Overview: This update introduced the Enygma Payment protocol, allowing institutions to create private, auditable tokens within their networks. It also made atomic transactions more programmable, enabling complex conditional logic.
The core addition is a privacy-preserving payment system designed for compliance-heavy environments like Central Bank Digital Currency (CBDC) pilots. It ensures transactions remain confidential and atomic (all-or-nothing) while still allowing for necessary audits. The enhanced programmability lets developers embed custom instructions within each private transaction, increasing utility for automated finance.
What this means: This is bullish for $RLS because it directly addresses the core needs of banks and large financial institutions—privacy and control. By making the network more useful for real-world, high-value use cases, it lays the groundwork for increased transaction volume and, consequently, more fee burns.
(Rayls Docs)
2. Security & Auditability Enhancements (April 2025)
Overview: A new Key Management Module was added to securely handle cryptographic keys, and a "God View" explorer was created to give network auditors full visibility into decrypted cross-chain activity.
The Key Management Module systematizes the creation, storage, and logging of encryption keys, which is critical for meeting institutional security standards. The explorer tool allows auditors to monitor transaction flows, token balances, and statuses across private nodes without compromising the underlying privacy for end-users.
What this means: This is neutral-to-bullish for $RLS as it strengthens the network's foundational security and compliance posture. While these are backend improvements, they are essential for gaining and maintaining trust with regulated entities, which is Rayls's target market.
(Rayls Docs)
3. Governance & Network Resilience (April 2025)
Overview: Private Network Operators gained the ability to freeze and unfreeze tokens, and a broadcast messaging feature was added for efficient network-wide communication. The update also included general bug fixes and reliability improvements.
The freeze function provides a crucial safety and governance lever for institutions managing tokenized assets. The messaging feature supports use cases like auctions and oracle updates. Underlying refinements to the relayer and database connections aim to make the entire system more robust and easier for developers to work with.
What this means: This is bullish for $RLS because it empowers network operators with greater control and improves overall stability. A more resilient and governable network is more likely to be adopted for mission-critical financial operations, driving long-term usage.
(Rayls Docs)
Conclusion
The São Bento release solidifies Rayls's technical foundation as a blockchain built for regulated finance, prioritizing privacy, security, and operator control. These updates are less about retail-facing features and more about enabling the institutional throughput that could drive the token's deflationary economics. With the mainnet launch targeted for Q1 2026, how will these codebase improvements translate into measurable on-chain activity?