What are zero-knowledge proofs?
Common proof systems include zk-SNARKs and zk-STARKs: many zk-SNARK schemes require a trusted setup, while zk-STARKs do not.
ZK Rollups use zero-knowledge proofs to prove to the Ethereum mainnet that a batch of transactions has been processed correctly.
When managing funds, the most important thing to keep in mind is this: when you see a project that says it “uses ZK technology,” ask what exactly it’s used for. Don’t be swayed by the jargon alone.
$ZK 0.01421(+22.08%)
#ZK
Just a note, not a recommendation to take action.
Common proof systems include zk-SNARKs and zk-STARKs: many zk-SNARK schemes require a trusted setup, while zk-STARKs do not.
ZK Rollups use zero-knowledge proofs to prove to the Ethereum mainnet that a batch of transactions has been processed correctly.
When managing funds, the most important thing to keep in mind is this: when you see a project that says it “uses ZK technology,” ask what exactly it’s used for. Don’t be swayed by the jargon alone.
$ZK 0.01421(+22.08%)
#ZK
Just a note, not a recommendation to take action.