Zero Knowledge Proofs are methods of providing cryptographic proofs to another party while keeping some information secret. The simple concept of ZKP offer tantalizing possibilities: Banks could prove solvency without revealing depositors. Governments could prove the fairness of an election without compromising privacy.
Computer science professor Eli Ben-Sasson joined us to discuss where blockchains and cryptocurrencies intersect with Zero Knowledge Proofs and related technologies such as zkSNARKs. It offered a fascinating view into what will surely become a core part of blockchain tech in the future.
Topics covered included:
- What are proof systems?
- Zero Knowledge Proofs (ZKP) and other terminology such as SNARKs and zkSNARKs
- The mechanics of Zero Knowledge Proofs
- The role of performance in Zero Knowledge Proofs
- Applications of ZKPs
- The widespread potential impact of ZKP to verify processes