Results 1 - 1 of 1 for bitcoin [Author: Jeremias Lenzi]
An Introduction to Zero-Knowledge Proofs in Blockchains and Economics - Review
With a zero-knowledge proof (ZKP), a party can prove that a statement is true without revealing any information except for whether it is indeed true or not. The obvious benefit is privacy since the prover does not need to reveal any additional information, and the second benefit is that it can significantly reduce the cost of verifying the correctness of a statement.
research.stlouisfed.org/.../an-introduction-to-zero-knowledge-proofs-in-blockchains-and-economics