Bitcoin Magazine
Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc Innit
Researchers have proposed a way to make Bitcoin private without changing Bitcoin itself. Misha Komarov, co-founder of alloc/init, explains Shielded Bitcoin: zero-knowledge proofs that hide the sender, receiver, and amount of a Bitcoin transfer, with no soft fork, no custodians, and no bridges. He covers how Bitcoin PIPEs make it possible and what the proposal still needs. It is a research proposal, not a finished product.
Chapters:
0:00 Shielded Bitcoin: Private Bitcoin Transactions With Zero-Knowledge Proofs
0:38 How Bitcoin PIPEs Make Privacy Possible Without a Soft Fork
1:42 Do Indexers and ZK Rollups Require Trust?
3:16 Shielded Bitcoin vs. Monero and Zcash
4:21 What Privacy Shielded Bitcoin Protects
5:59 How Private Are Early Users? The Small Privacy Set Problem
7:37 Is Shielded Bitcoin an Altcoin Killer?
9:12 Fees, Block Space, and Larger Shielded Transactions
10:50 Who Needs Private Bitcoin? Wrench Attacks and Corporate Treasuries
12:20 Dark Pools, Governments, and the Next Wave of Bitcoin Buyers
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This post Bitcoin Privacy Breakthrough a Zcash Killer? | Misha Komorov, Alloc Innit first appeared on Bitcoin Magazine and is written by Patrick Green.
