A New York cryptography lab has proposed Zcash-style private transfers on Bitcoin without changing Bitcoin itself. Published on Thursday by [[alloc] init], Shielded Bitcoin would hide amounts and counterparties without a soft fork, separate blockchain, federation or trusted operator. Bitcoin would simply store and order encrypted data that it cannot understand, while outside software verifies […]
Source: https://news.bitcoin.com/featured/shielded-bitcoin-proposal-aims-to-bring-privacy-to-bitcoin-l1/
