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Researchers Propose Shielded Bitcoin Using Zcash Privacy Tech

Original: Researchers Propose Shielded Bitcoin Using Zcash’s Privacy Technology

A group of researchers has put forward a proposal to add privacy features to Bitcoin by adapting shielded transaction technology from Zcash. The idea, covered by Yahoo Finance and other outlets, would allow Bitcoin transactions to be encrypted rather than publicly visible on the blockchain. The proposal touches on a long-running debate in the crypto community over whether Bitcoin should offer stronger financial privacy by default.

Why now: Any proposal to bring privacy technology to Bitcoin sparks debate over regulation, adoption and the cryptocurrency's core design.

BitcoinZcashYahoo Finance

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Evidence

• Researchers Propose Shielded Bitcoin Using Zcash’s Privacy Technology · Yahoo Finance
• Researchers Propose Shielded Bitcoin Using Zcash’s Privacy Technology · 24/7 Wall St.

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