According to BlockBeats, on December 20, after the BitYuan (BTY) Foundation announced the BTC Layer 2 ecological strategy in November, the technical community released a research paper today (Zero-knowledge Proof and Bitcoin's Schnorr Signature). The article analyzes in detail the three properties of zero-knowledge proof and the essential problems of zero-knowledge proof.
With the addition of new Bitcoin opcodes such as OP_CAT, Bitcoin is likely to be able to verify zero-knowledge proofs in the near future, which will bring significant improvements to Bitcoin's privacy and scalability.
The BitYuan (BTY) technical community stated that it will continue to conduct in-depth research on zero-knowledge proof technology and seize the opportunity of Bitcoin L2, which is more than 10 times that of Ethereum L2.
