Snarks blockchain

snarks blockchain

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Lecture 10.5: Anonymous Payments
zk-SNARK stands for Zero-Knowledge Succinct Non-interactive Argument of Knowledge�they were introduced in a paper co-authored by Nir. The acronym zk-SNARK stands for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge and refers to a proof construction where one can prove. The first widespread application of zk-SNARKs was in the Zerocash blockchain protocol, where zero-knowledge cryptography provides the computational backbone.
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Suggested reading: The trusted setup ceremony of ZCash. Once you get the hang. With the efficiency of zk-SNARKS, blockchain networks can scale more effectively, handling a larger number of transactions without compromising security.