Community Articles

via CoinDesk · By CoinDesk Staff

Inside the 'Shielded Bitcoin' paper that proposes private BTC payments using Zcash tech

BTC

BTC/USDT

$84,022.01

+0.09%

$84,022.01

+0.09%

(24s)

24h Volume

$15,850,888,162.89

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$83,926.01

▼ -0.21%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$83,926.01

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.6

CoinDesk Staff

(04:02 AM UTC)

1 min read

Updated bySarah Chen

0 comments

(Chris Yang, Unsplash)

Summary

Researchers proposed Shielded Bitcoin, a system modeled on Zcash that could conceal payment amounts, senders and recipients without changing Bitcoin’s network rules.
The proposal would store encrypted transfers on Bitcoin but rely on separate software to verify them, meaning a Bitcoin transaction could be confirmed even if the private payment failed its own checks.
The…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments