Re:Why I’m Cryptophobic
by throwaway413 on Thursday June 30, 2022 @07:48PM
(#31940240)
Do you have any recommended readings on zk-proofs? Familiar with crypto, familiar with zcash, but haven’t looked into this enough and sounds promising. I am going to look into it.
It’s been around for a bit already, why is it not more widely adopted compared to BTC/ETH, any thoughts?
This is a good write-up on how zk-proofs can be used to increase the scalability of blockchains:
https://polynya.medium.com/rollups-data-availability-layers-...
zcash initially used zk-proofs only for privacy. It is only now looking to utilize it for scalability.
With zk-proofs, the redundancy of a blockchain can be significantly reduced without comprimising security. What redundancy remains provides the high process integrity that critical applications like financial transactions require.