People will be able to see how much money an account has through the block-explorer?
No-one except you can see the balance of your private address, and there is no way for others to make a connection between any of the transactions made to or from this address. Transparent addresses however, are just like bitcoin addresses in terms of privacy (there is none).
In fact, no-one would even know your private address even exists, regardless of its balance, unless you tell someone about it (in order to receive money from them for instance, in which case they only know that it probably exists and you probably own it, nothing else).
Neat. It was really helpful.