What Are Zk-SNARKS?

zk-SNARKs (Zero-Knowledge Succinct Noninteractive Argument of Knowledge) are a cryptographic technology that allows one party (the “prover”) to demonstrate knowledge of certain information to anoth...

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What Are Zk-SNARKS?

Source: Bitcoin Magazine

zk-SNARKs (Zero-Knowledge Succinct Noninteractive Argument of Knowledge) are a cryptographic technology that allows one party (the “prover”) to demonstrate knowledge of certain information to another party (the “verifier”) without revealing the information itself. These proofs are both succinct — small and quick to verify —and noninteractive, meaning no ongoing communication is required after the proof […]