🚨BREAKING🚨
Researchers proposed “Shielded Bitcoin”, a system that could bring Zcash-style privacy to BTC without changing Bitcoin’s core network rules.
🔐 The design could hide transaction amounts, senders and recipients using encrypted records and zero-knowledge proofs.
🧩 Bitcoin would store the encrypted transaction data, while separate software would verify the private transfers.
⚠️ The proposal is still early-stage: there is no launch date and no finalized mechanism for depositing real BTC into the system or withdrawing it.
💰 Private transactions are estimated at around 700 virtual bytes, potentially making fees roughly 4× higher than standard Bitcoin transactions at the same fee rate.
📈 The proposal comes as Zcash privacy activity and ZEC interest have surged, with shielded ZEC reaching about 29% of issued coins.
$ZEC $BTC
#zcash #bitcoin
Researchers proposed “Shielded Bitcoin”, a system that could bring Zcash-style privacy to BTC without changing Bitcoin’s core network rules.
🔐 The design could hide transaction amounts, senders and recipients using encrypted records and zero-knowledge proofs.
🧩 Bitcoin would store the encrypted transaction data, while separate software would verify the private transfers.
⚠️ The proposal is still early-stage: there is no launch date and no finalized mechanism for depositing real BTC into the system or withdrawing it.
💰 Private transactions are estimated at around 700 virtual bytes, potentially making fees roughly 4× higher than standard Bitcoin transactions at the same fee rate.
📈 The proposal comes as Zcash privacy activity and ZEC interest have surged, with shielded ZEC reaching about 29% of issued coins.
$ZEC $BTC
#zcash #bitcoin
