Stacks co-founder Muneeb Ali proposed adding confidential transactions on a layer above Bitcoin's base blockchain to hide transaction details while maintaining public auditability of Bitcoin's total supply. He emphasized that privacy features should not be integrated into Bitcoin's base layer to preserve transparency. Stacks aims to enhance Bitcoin by enabling programmability, faster transactions, and lower costs. Other development focuses include quantum resistance and BTC-based yield-generating applications. A separate privacy proposal suggests a shielded Bitcoin layer with its own transaction format, leaving Bitcoin's consensus rules unchanged.
Stacks co-founder Muneeb Ali's Bitcoin privacy proposal is presented here with Pluang's cryptocurrency market snapshot as of Nov 12, 2026 02:02 WIB: Among 50 major cryptocurrencies, 34 rose and 14 fell today. VeChain (VET) showed a 2.73% gain with a price of Rp96 and a strong sell bias at 96% sell orders, while Litecoin (LTC) rose 2.37% to Rp927,489 with a balanced order split. Cardano (ADA) increased 2.32% to Rp3,213, with a slight buy order majority and a typical hold time longer than Litecoin's but shorter than VeChain's.
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