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Shielded Bitcoin Proposal Aims to Bring Privacy to Bitcoin L1

A New York cryptography lab has proposed Zcash-style private transfers on Bitcoin without changing Bitcoin itself. Published on Thursday by [[alloc] init], Shielded Bitcoin would hide amounts and counterparties without a...

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Shielded Bitcoin Proposal Aims to Bring Privacy to Bitcoin L1
A New York cryptography lab has proposed Zcash-style private transfers on Bitcoin without changing Bitcoin itself. Published on Thursday by [[alloc] init], Shielded Bitcoin would hide amounts and counterparties without a soft fork, separate blockchain, federation or trusted operator. Bitcoin would simply store and order encrypted data that it cannot understand, while outside software verifies […]

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