Alloc Init proposes shielded Bitcoin with zero-knowledge proofs, challenges Zcash

🛡️ Shielded Bitcoin could let users hide sender, receiver, and amount on the $BTC network.
🔍 Alloc Init's proposal relies on zero-knowledge proofs, requiring no soft fork or bridge.
⚡ The idea challenges privacy coins by enabling privacy directly on Bitcoin.
💡 Komarov said the solution is still in research and not ready for deployment.

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