ZKSNARKs is an implementation of Zero-Knowledge Proofs technology, which allows users to prove that they know a value without revealing any private information. ZKSNARKs can be used in scenarios such as privacy protection and identity authentication in blockchain technology.
The full name of ZKSNARKs technology is Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, which allows the prover to prove to the verifier that a statement is correct without providing any other information. ZKSNARKs uses certain mathematical properties so that the proof process can be compressed into a very short proof string, so it can be used in resource-constrained environments such as blockchain.
A well-known application of ZKSNARKs is Zcash, a cryptocurrency that uses ZKSNARKs technology to protect transaction privacy. In Zcash, senders can use ZKSNARKs technology to prove that they have enough funds to make a transaction without revealing the specific amount or address they own.
In general, ZKSNARKs technology is a very promising encryption technology that can help realize application scenarios such as privacy protection, identity authentication, and data verification.
