🗒️ Technical Principles | Zero-Knowledge Proofs
· What it is: Common proof systems include zk-SNARKs and zk-STARKs. Many zk-SNARK schemes require a trusted setup; zk-STARKs do not.
· Why: “Zero knowledge” means the other party learns nothing beyond the fact that “the statement is true”—not that they receive no information at all.
· In practice: When you see claims about “using ZK technology,” ask exactly which part of the process it is used in. Don’t focus only on the concept.
$ZK 0.01575 (-10.31%)
#ZK
· What it is: Common proof systems include zk-SNARKs and zk-STARKs. Many zk-SNARK schemes require a trusted setup; zk-STARKs do not.
· Why: “Zero knowledge” means the other party learns nothing beyond the fact that “the statement is true”—not that they receive no information at all.
· In practice: When you see claims about “using ZK technology,” ask exactly which part of the process it is used in. Don’t focus only on the concept.
$ZK 0.01575 (-10.31%)
#ZK