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Shielded Ownership

Definition

Shielded Ownership refers to the ability to hold and transact digital assets in a manner that conceals the identity of the owner and the details of the transaction. This privacy feature is achieved through advanced cryptographic techniques, such as zero-knowledge proofs, which verify the validity of a transaction without revealing sensitive information. It allows for confidential financial activity on a public blockchain, balancing transparency of network operations with individual privacy. This contrasts with transparent public ledger systems.