Unlock the Secrets of ZK-SNARKs

Securely Prove Your Data Without Revealing It!

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge.

ZK-SNARKs are a powerful cryptographic tool that can be used to increase privacy, speed and efficiency in blockchain applications.

This proof is made possible using a secret key created before the transaction takes place.

The mathematical basis of ZK-SNARKS is complex. But proofs of this type allow one party to demonstrate not only that a particular bit of information exists, but also that the party in question has awareness of that information.

A zero-knowledge proof version of this situation would involve the user demonstrating to the network via mathematical proof, that they have the correct password without actually revealing the password itself.

The privacy and security advantages in this situation are clear.

If the network does not have the password stored somewhere for verification purposes, the password cannot be stolen.

For most other types of proof, at least one of the two parties must have access to all of the information.