zk-STARKs vs. zk-SNARKs explained
zk-STARKs and zk-SNARKs are the two most well-known zero-knowledge proof technologies. Learn what they mean and the difference between the two in this guide. zk-STARKs vs. zk-SNARKs: Main differencesBoth zk-STARKS and zk-SNARKs are types of non-interactive ZKPs. However, they are different from various perspectives, as discussed in the table below:Based on the above discussion, are STARKs better than SNARKs? zk-STARKs are clearly portrayed favorably in the comparison with zk-SNARKs. Compared to zk-SNARKs, they provide more scalability, transparency and security for the blockchains.....
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Ethereum was designed and developed to operate as the base protocol for smart contract settlements. It allows multiple parties to establish unalterable agreements with one another for several use cases, mainly for legal purposes. The ZCash team is working on integrating its anonymous cryptocurrency and zk-SNARKs-based cryptography on top of Ethereum effectively anonymizing the protocol and providing a completely new level of privacy to Ethereum users. In a more technical sense, the ZCash team in collaboration with the members of the Ethereum R&D team are adding zero-knowledge succinct....
Cryptographic techniques, like zk-SNARKs and blockchains, could ensure online voting is secure and private.
Mina applies zk-SNARKs to Cardano's Ouroboros consensus to achieve scalability and decentralization. Mina aspires to be the world’s tiniest blockchain, with claims that its protocol maintains a constant size of around 22 KBs. This is ostensibly achieved by using recursive zk-SNARKs — the same technology that is used by the privacy-centric cryptocurrency, Zcash (ZEC). However, whereas the latter utilizes this technology to provide greater privacy to its users, the former employs it for scalability. A zk-SNARK, which stands for zero-knowledge succinct non-interactive argument of knowledge,....
Ethereum is starting to lose ground to its competitors for USDT usage, and Hermez may help to fix that. Tether (USDT) has now launched on Hermez Network, an Ethereum scalability solution based on the zk-rollup concept. Rollups provide a way of batching or “rolling up” transactions to lighten the load on the Ethereum network.The key to rollups is the concept of data availability, which means that the state data of the rollup is always fully available on-chain. In practice, this means that the Ethereum network knows the token balances of all user accounts on the Hermez rollup after every....