Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
zk-SNARKs
What Is zk-SNARKs and How Does it Work?
zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) is a method for proving the validity of a statement without revealing any information about the statement itself. It allows for the verification of the authenticity of a statement without requiring any interaction between the prover and verifier and without revealing any information about the statement. A specific implementation of zk-SNARKs is zk-Bulletproofs which improves upon the efficiency of the original SNARK construction, making it possible to use in practical applications. A practical…
Block Education
@BlockEducation
3 weeks ago 58 views