Zero-Knowledge Proofs: The New ID Superhero 🦸♂️
- Zero-knowledge (ZK) proofs are stirring up the crypto world! Critics say they're too pricey and complex, but Leo Fan from Cysic disagrees.
- Fan claims ZK-proofs are cheaper than traditional ID systems and getting even more affordable thanks to hardware advancements.
- Generating a ZK-proof now takes just 10 seconds, making it a privacy-friendly, efficient ID solution.
- Buenos Aires has already rolled out ZK-powered digital IDs for 3.6 million residents, and Malaysia is next with Worldcoin's iris-scanning tech.
- The future of ID looks decentralized and secure!