🔍 Zero-knowledge proofs (ZK-proofs) are a new advancement in cryptography and blockchain with many applications, including improving transaction privacy and scalability. However, there are also disadvantages:
- In November 2023, ChainLight discovered a vulnerability in the zkSync Era mainnet implementation that could lead to a loss of $1.9 billion.
- ZK technology is at an early stage of development, which creates risks.
- The lack of universal tools for ZK developers increases the likelihood of vulnerabilities.
Experts believe that ZK technology will be successful, but its security must stabilize.