[[alloc] Init] Releases Shielded Bitcoin Proposal For Private Bitcoin Transactions
Sep 24 2026 14:36 UTC - Shinobi
Shielded Bitcoin, a proposal from [[alloc] init], would enable Bitcoin transactions with strong privacy.
➤ [[alloc] init] has proposed 'Shielded Bitcoin,' a privacy metaprotocol for Bitcoin that enables shielded transactions without altering Bitcoin's consensus rules.
➤ The protocol utilizes a novel transactional structure, notes, nullifiers, and zero-knowledge proofs, mirroring Bitcoin's UTXO model but with enhanced privacy features comparable to Zcash.
➤ A pegging mechanism using PIPEs v2 is planned for off-chain fund movement into and out of the system, requiring only a Bitcoin node and a Shielded Bitcoin indexer.
Read more at: https://rwatimes.io/articles/bitcoinmagazine-alloc-init-releases-shielded-bitcoin-proposal-for-private-bitcoin-transactions-2278730809?utm_source=binance
Sep 24 2026 14:36 UTC - Shinobi
Shielded Bitcoin, a proposal from [[alloc] init], would enable Bitcoin transactions with strong privacy.
➤ [[alloc] init] has proposed 'Shielded Bitcoin,' a privacy metaprotocol for Bitcoin that enables shielded transactions without altering Bitcoin's consensus rules.
➤ The protocol utilizes a novel transactional structure, notes, nullifiers, and zero-knowledge proofs, mirroring Bitcoin's UTXO model but with enhanced privacy features comparable to Zcash.
➤ A pegging mechanism using PIPEs v2 is planned for off-chain fund movement into and out of the system, requiring only a Bitcoin node and a Shielded Bitcoin indexer.
Read more at: https://rwatimes.io/articles/bitcoinmagazine-alloc-init-releases-shielded-bitcoin-proposal-for-private-bitcoin-transactions-2278730809?utm_source=binance