Can This Bring Zcash-Style Privacy to Bitcoin Without a Fork?
12 Articles
12 Articles
Can This Bring Zcash-Style Privacy to Bitcoin Without a Fork?
In this episode of Unchained Premium, Misha Komarov, founder of [alloc] init and co-founder of =nil; Foundation, joined Laura to talk about shielded Bitcoin, a way to bring Zcash-style privacy to Bitcoin using a cryptographic primitive his team calls Bitcoin PIPEs. The conversation covers how witness encryption turns zero-knowledge proof ...
Shielded Bitcoin Proposal Aims to Bring Privacy to Bitcoin L1
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 […]
Bitcoin researchers target privacy coins with Zcash-style shielded transfers
Bitcoin researchers have proposed a system for private transfers directly on the network without requiring a soft fork or changes to its consensus rules. The Sept. 24 paper from [[alloc] init] researchers Clara Shikhelman, Mikhail Komarov, and Aleksei Moskvin introduces Shielded Bitcoin, a metaprotocol designed to conceal transaction amounts, senders, recipients, and links between transfers while […]
init unveils Shielded Bitcoin for Zcash-style privacy without protocol forks
Shielded Bitcoin could revolutionize privacy in Bitcoin transactions, potentially reshaping the cryptocurrency's privacy landscape and user trust.
Clara Shikhelman, Misha Komarov and Aleksei Moskvin, researchers at [[alloc] init] today released a protocol called "Shielded Bitcoin" allowing to conduct confidential transactions without altering Bitcoin's consensus. The system is inspired by the operation of Zcash's protected transactions. The principle is to replace the public representation of UTXO with "notes" (a [...] The article Shielded Bitcoin: a proposal for private transactions on Bi…
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