What Is a Zero-Knowledge Proof and How Does It Work? A Beginners Guide
Technology has evolved over the years, ensuring that there is a perfect model for meeting every demand. As the world grows with many technological advancements, there is also a rising demand for privacy and data safety. Data can be used to prove who you are, however, this could reveal a lot of information.
“But how do I prove something without revealing much information?” This question might have passed through one’s mind during their life at least once! Zero-Knowledge Proofs (ZKPs) mainly focus on verifying the proof without revealing much information.
This guide will give you a deeper understanding of zero-knowledge proofs and how they could benefit you. Let’s explore the intriguing world of ZKPs.
Unraveling the Enigma of ZKP
So what is zero-knowledge proof? It is a method of proving that you know a piece of information without revealing any information beyond the fact that you know it. There are two parties involved in ZKP: a prover and verifier. A prover claims they have knowledge of the information, while a verifier validates the claim.
Let’s take a very simplified example: say you’re a prover that claims to know the password to your account to…
The post What Is a Zero-Knowledge Proof and How Does It Work? A Beginners Guide appeared first on Coin Edition.
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What Is a Zero-Knowledge Proof and How Does It Work? A Beginners Guide
Technology has evolved over the years, ensuring that there is a perfect model for meeting every demand. As the world grows with many technological advancements, there is also a rising demand for privacy and data safety. Data can be used to prove who you are, however, this could reveal a lot of information.
“But how do I prove something without revealing much information?” This question might have passed through one’s mind during their life at least once! Zero-Knowledge Proofs (ZKPs) mainly focus on verifying the proof without revealing much information.
This guide will give you a deeper understanding of zero-knowledge proofs and how they could benefit you. Let’s explore the intriguing world of ZKPs.
Unraveling the Enigma of ZKP
So what is zero-knowledge proof? It is a method of proving that you know a piece of information without revealing any information beyond the fact that you know it. There are two parties involved in ZKP: a prover and verifier. A prover claims they have knowledge of the information, while a verifier validates the claim.
Let’s take a very simplified example: say you’re a prover that claims to know the password to your account to…
The post What Is a Zero-Knowledge Proof and How Does It Work? A Beginners Guide appeared first on Coin Edition.
Read More
What is the role of Altcoins in the Cryptocurrency World?