Morning Edition · Sunday, September 27, 2026Published at 1:54 AM EDT · New York

Researchers Publish a Design for Shielded Bitcoin That Needs No Change to Bitcoin's Rules

The paper from the New York cryptography lab [alloc] init borrows Zcash's encrypted notes and nullifiers, but leaves no working way to move real BTC in or out.

Clara Shikhelman, Mikhail Komarov and Aleksei Moskvin, researchers at the New York cryptography lab [alloc] init, have released a design for private bitcoin-denominated transfers that runs alongside Bitcoin rather than inside it. Their syst…