According to BlockBeats, on December 20, the BitYuan (BTY) Foundation's technical community released a discussion paper titled 'Zero-Knowledge Proofs and Bitcoin's Schnorr Signatures.' This publication follows the foundation's announcement in November regarding its BTC Layer 2 ecosystem strategy. The paper provides an in-depth analysis of the three main attributes of zero-knowledge proofs and addresses fundamental issues related to this cryptographic method.
The integration of new Bitcoin opcodes, such as OP_CAT, suggests that Bitcoin may soon be capable of verifying zero-knowledge proofs. This development is expected to significantly enhance Bitcoin's privacy and scalability. The BitYuan technical community emphasized their commitment to further researching zero-knowledge proof technology, aiming to capitalize on the opportunities presented by Bitcoin's Layer 2, which they believe surpasses Ethereum's Layer 2 by more than tenfold.
