Introduction
Bitcoin development today focuses on two major issues: (1) scaling and (2) privacy. The usual proposals to Bitcoin involve adding new opcodes and scripting tools. But an old idea is coming back, one that could make transactions more private and peer-to-peer. Right now, every Bitcoin transaction is broadcast to the entire network for verification. It’s an effective way to prevent double-spending, but it also means more information is exposed than is strictly necessary. This leads to heavier computational demands, higher costs, and a system that struggles to scale. But what if moving part of the transaction process client-side didn’t just improve efficiency, but also unlocks a whole new era of privacy on Bitcoin?
In our recently published paper, Blockstream, in collaboration with Alpen Labs and ZeroSync, we introduce the Shielded CSV Protocol, an improvement on Client-Side Validation (CSV) that offers truly private transactions. This new protocol is a significant step towa
We współpracy z: https://bitcoinmagazine.com/technical/shielded-csv-protocol-
