Trading Notes | Zero-Knowledge Proofs
① Zero-knowledge proofs are a cryptographic technique: a prover can convince another party that a claim is true without revealing any other information.
② Proof systems you often hear about include zk-SNARKs and zk-STARKs: many zk-SNARK schemes require a trusted setup, while zk-STARKs do not.
③ When you see claims about “using ZK technology,” ask what specific part of the process it’s used for. Don’t focus only on the concept.
$ZK 0.01029(-12.87%)
#ZK
① Zero-knowledge proofs are a cryptographic technique: a prover can convince another party that a claim is true without revealing any other information.
② Proof systems you often hear about include zk-SNARKs and zk-STARKs: many zk-SNARK schemes require a trusted setup, while zk-STARKs do not.
③ When you see claims about “using ZK technology,” ask what specific part of the process it’s used for. Don’t focus only on the concept.
$ZK 0.01029(-12.87%)
#ZK