The future of privacy on Bitcoin
October 26, 2020, 2:37PM EDT · 12 min read
- Privacy on Bitcoin is improving.
- Base-layer upgrades like Dandelion, Schnorr, and Taproot have been suggested as a way to improve the network’s privacy.
- Sidechains offer a way to test privacy upgrades like confidential transactions inside a walled garden.
- The Lightning Network has major privacy benefits, and layer-two privacy is improving through protocols like ant routing, atomic multipath payments, and zkChannels.
This research piece examines base-layer and above-network approaches to improve Bitcoin's privacy capabilities.
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