Researchers Propose Shielded Bitcoin Using Zcash’s Privacy Technology

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Researchers have proposed adding a shielded transaction option to Bitcoin using zero-knowledge technology similar to Zcash’s, potentially allowing users to conceal transaction amounts and addresses. The proposal would likely require a significant protocol upgrade and would raise technical, regulatory, and fungibility considerations. If implemented, it could materially improve Bitcoin’s transaction privacy while intensifying scrutiny from regulators and exchanges.

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