Questions tagged [zero-knowledge proofs]

Riccardo Sun Jun 30 2024 | 7 answers 1262

In the ever-evolving landscape of cryptography and blockchain technology, the concept of zero-knowledge proofs (ZKPs) has garnered significant attention. But what exactly are they, and can we truly consider them as 'real'? At its core, a ZKP is a cryptographic protocol that allows one party to prove to another that a statement is true, without revealing any other information besides the validity of that statement. The intrigue lies in its ability to maintain privacy while ensuring verification. But are these proofs truly feasible in practice? Can we trust their security and robustness, especially in the high-stakes world of finance and cryptocurrency? Today, we delve into the nuances of ZKPs, exploring their real-world applications, limitations, and the challenges that stand in their way to becoming a ubiquitous tool in the crypto ecosystem.