Bitcoin is often considered anonymous, but its blockchain is actually public, and BTC movements can be tracked. Now, developers have proposed Shielded Bitcoin — a mechanism that could potentially make transactions significantly more private.
The most interesting part? It wouldn’t require changing Bitcoin’s consensus rules. How is that possible? What are zero-knowledge proofs? What transaction data could be hidden, and could Bitcoin ever become truly anonymous?
We took a closer look at the new technology...
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