Cryptographers Propose Shielded Bitcoin for Privacy Without Hard Fork
- —Metaprotocol uses zero-knowledge proofs to conceal amounts and addresses
- —No hard fork to Bitcoin's base layer is required
- —Dual-key architecture separates viewing rights from spending rights
- —Viewing keys can be shared with auditors or tax authorities
Why it matters: If adopted, it could boost transaction privacy without splitting the network, potentially accelerating institutional adoption of Bitcoin.
Source: Coinfomania