credit where credit is due.
confidential transactions were introduced Jan 8, 2016 (or earlier, did not find an older git) by core developers and are available since then. GUI did not offer this feature, so that's what is/was(?) missing.
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Yes you're correct. Blinded accounts were there in the CLI (they're in help files too, and I tried them), but STEALTH transactions are a step ahead. Also there was some problem of holding blind contacts when not using a CLI wallet, and something about not wanting to save them on a centralized server. So STEALTH solves this problem. I might not be entirely accurate here.