Researchers propose Zcash-style private Bitcoin transfers without a soft fork

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Cointelegraph Staff

(04:41 AM UTC)

1 min read

Updated byMichael Roberts

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Researchers at the cryptography research firm Alloc Init have proposed a system for bringing Zcash-style private transfers to Bitcoin without requiring a soft fork.

The proposal, called Shielded Bitcoin, would conceal transaction amounts, senders, receivers and links to previously spent funds using encrypted notes and zero-knowledge proofs. The paper was published on Thursday by Clara…