Coins on a transparent address are public, like Bitcoin. Shielding moves them into a private pool in one transaction.
t1…Public. Anyone can see it.u1…Shielded. Private.Don't have one? Zodl on a phone is the simplest. All wallets.
Receive. Share the shielded address with whoever pays you. It changes each time, and old ones keep working.
Receive, then
Transparent Address, and copy that instead.
Shieldon the home screen, then
confirm.
Receiveand stay on the
Shieldedtab. Share the
Orchard (Ironwood)address.
Exposed transparenttab.
You have funds to shield. Tap
Shield funds.
Upgrade funds to newest version.
Enable shieldedand approve on the device.
Receive, then
Select your private address, and check it on the device.
Move funds from transparent to private, then wait about 10 confirmations.
Most exchanges only pay out to transparent addresses. That's fine: receive there, then shield. Zodl names Gemini as one that pays to shielded addresses. Exchanges and privacy.
Pay other shielded addresses, starting u1 or zs, and the payment stays private. Only shielded payments can carry a private memo.
Don't shield and then send the same amount straight to a transparent address. That links the two. Privacy comes from shielded money at rest.