General simulation-based privacy beyond the public-investor policy
Develop a comprehensive, simulation-based privacy framework for the Treasury Proof Ledger that proves privacy for policies and leakage functions beyond the specific public-investor policy V_pub and leakage profile L_pub, identifying the necessary primitives and assumptions and constructing verifiable protocols that preserve the required privacy while maintaining the ledger’s anchoring and verification properties.
References
In this paper we formalise only a restricted privacy guarantee for a public-investor policy (Theorem~\ref{thm:pub-privacy}); more general policies and leakage functions remain an open problem.
— The Treasury Proof Ledger: A Cryptographic Framework for Accountable Bitcoin Treasuries
(2512.03765 - Puente et al., 3 Dec 2025) in Security objectives, Table “Goal status” (Section 4)