Study time, let's learn more about: Zero-knowledge technology (or zero-knowledge, ZK)

is a cryptographic technique that allows one party to prove to another that a statement is true, without revealing any additional information beyond the truth of the statement itself.

In the context of cryptocurrencies, ZK-proofs (zero-knowledge proofs) are used to increase the privacy and security of transactions. There are different types of ZK-proofs, such as zk-SNARKs (Succinct Non-interactive Arguments of Knowledge) and zk-STARKs (Scalable Transparent ARguments of Knowledge), which are applied in various cryptocurrencies and blockchain platforms to enable private transactions and verification. efficient.

A notable example of using this technology is Zcash, a cryptocurrency that implements zk-SNARKs to enable completely anonymous and secure transactions. Additionally, platforms like Ethereum are exploring the use of ZK-proofs to improve the scalability and privacy of smart contracts.