https://media.ccc.de/v/33c3-8330-the_zcash_anonymous_cryptocurrency

or zero-knowledge succinct non-interactive arguments of knowledge for laypeople

Zcash is the third iteration of an extension to the Bitcoin protocol that provides true untraceability, i.e. fully anonymous transactions. It is arguably the first serious attempt to establish this extension, in the form of its own blockchain, beyond the form of an academic proposal. The talk provides an introduction to the magic that makes it work.

pesco