Researchers Publish 'Zcash-Style' Design for Private Bitcoin Transfers

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Decrypt Editorial

(09:50 AM UTC)

1 min read

Researchers at [[alloc] init] have published a specification for Shielded Bitcoin, a protocol for private transfers on the Bitcoin base layer.
The design borrows Zcash's encrypted notes and zero-knowledge proofs, and requires no changes to Bitcoin's consensus rules.
Mechanisms for moving BTC into and out of the shielded system are not covered and are due in a separate paper.

Researchers…