zk-SNARKs(to be continued)

Defination

zk-SNARK = “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”

A proof construction where one can prove possession of certain information, without revealing that information, and without any interaction between the prover and verifier.

Pros

“Zero-knowledge” proofs allow one party (the prover) to prove to another (the verifier) that a statement is true, without revealing any information beyond the validity of the statement itself.

Bibliography:

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https://z.cash/technology/zksnarks/⁠

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