Zk-SNARKs: updatable setups on the blockchain
Zk-SNARKs have proven to be a ‘Swiss army knife’ for blockchain and distributed ledgers, with applications in privacy, interoperability, and scalability
1 September 2022 12 mins read
Since their introduction, zero-knowledge proofs (ZKPs) have been used to support potential applications ranging from verifiable outsourced computation to anonymous credentials, within a multitude of settings that require a balance between privacy and integrity. ZKPs enable one party to prove to another that a certain statement or claim is true, without revealing the contents of…