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Researchers Propose Shielded Bitcoin Using Zcash Privacy Tech

Original: Researchers Propose Shielded Bitcoin Using Zcash’s Privacy Technology

A group of researchers has put forward a proposal to bring Zcash-style privacy to Bitcoin, describing a 'shielded Bitcoin' that would use zero-knowledge proofs to hide transaction details such as amounts and counterparties. The idea has been picked up by finance and crypto outlets, with discussion focused on whether Bitcoin could adopt stronger privacy features and what the regulatory and technical implications would be.

Why now: Privacy upgrades to Bitcoin are a contentious topic given regulatory scrutiny of anonymous transactions.

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