Zcash Co-Founder Supports Shielded Bitcoin Proposal and Maintains $5,000 ZEC Year-End Target

Zcash co-founder Eli Ben-Sasson has expressed support for the 'Shielded Bitcoin' proposal, which aims to integrate Zcash-style privacy into the Bitcoin base layer using zero-knowledge proofs and witness encryption. While Ben-Sasson has not yet reviewed the full paper published by Alloc Init, he noted that bringing privacy to Bitcoin was the original intent behind the Zerocash research. Separately, Ben-Sasson remains optimistic about Zcash (ZEC), maintaining his year-end price target of $5,000. ZEC is currently trading at $1,545.89, having seen a 291% increase over the past 90 days.