$BTC researchers just put out a design for
$BTC transfers on bitcoin itself,
private
with no soft fork.
the paper is Shielded Bitcoin, from Clara
Shikhelman, Mikhail Komarov and Aleksei
Moskvin at [[alloc] init]. bitcoin already
proves ownership without a custodian. it
also publishes amounts, timing and the
links between wallets, which is a problem
for treasuries, desks and anyone moving
sİze.
their fix is a metaprotocol on L1, closer to a
Zcash-style shielded pool than a nevw
chain. a sender seals an encrypted note for
the receiver, then publishes it inside a
normal bitcoin transaction with a zero-
knowledge proof and a nullifier that marks
the old note spent. the data can sit in
OP_RETURN or witness space. bitcoin
stores the bytes and orders them. it does
not read the amount or the counterparty.
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7% #US30YearYieldHighestSince2004 #US10YTreasuryYieldHits19YearHigh
$BTC transfers on bitcoin itself,
private
with no soft fork.
the paper is Shielded Bitcoin, from Clara
Shikhelman, Mikhail Komarov and Aleksei
Moskvin at [[alloc] init]. bitcoin already
proves ownership without a custodian. it
also publishes amounts, timing and the
links between wallets, which is a problem
for treasuries, desks and anyone moving
sİze.
their fix is a metaprotocol on L1, closer to a
Zcash-style shielded pool than a nevw
chain. a sender seals an encrypted note for
the receiver, then publishes it inside a
normal bitcoin transaction with a zero-
knowledge proof and a nullifier that marks
the old note spent. the data can sit in
OP_RETURN or witness space. bitcoin
stores the bytes and orders them. it does
not read the amount or the counterparty.
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7% #US30YearYieldHighestSince2004 #US10YTreasuryYieldHits19YearHigh
