✉news BusinessCrypto first seen 21 h ago, last 18 min ago, peak #1
'Shielded Bitcoin' paper proposes private BTC payments using Zcash tech
Original: Inside the 'Shielded Bitcoin' paper that proposes private BTC payments using Zcash tech
A new paper dubbed 'Shielded Bitcoin' proposes bringing private payments to Bitcoin by adapting Zcash's shielded-transaction technology. The proposal would let BTC users send payments without publicly exposing amounts or addresses, a long-standing gap given Bitcoin's transparent ledger. It is drawing attention in the crypto community, where privacy upgrades for Bitcoin have been debated for years amid regulatory scrutiny.
Why now: New proposals to add Zcash-style privacy to Bitcoin are a recurring flashpoint in the crypto debate over financial privacy versus regulation.
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