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Post #111839 20

Forwarded from CGMW (TSMC)

Zero forks required. Shikhelman, Komarov and Moskvin outline Zcash-style shielded transfers on Bitcoin L1 as a metaprotocol. Miners only order data; indexers replay ZK envelopes to rebuild state. Peg-in and peg-out remain out of scope.

https://www.allocinit.xyz/uploads/shielded-bitcoin.pdf
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