Researchers Propose Zcash-Style Privacy for Bitcoin Without a Soft Fork
Researchers behind Alloc Init have proposed “Shielded Bitcoin,” a metaprotocol designed to cover BTC switch quantities and counterparties with out altering Bitcoin’s consensus guidelines or counting on trusted bridge operators. The design borrows the encrypted-note strategy Zcash made identified, however builds it straight on Bitcoin’s current base layer, utilizing cryptographic proofs as a substitute of…
