Blockchain

Zero-Knowledge Proofs: A Bizarre but Powerful Concept

5 Levels, WIREDx / By

Zero-Knowledge Proofs: A Bizarre but Powerful Concept Summary In this article, we explore the concept of zero-knowledge proofs, a method for proving a statement’s truth without revealing any additional information beyond the statement’s truth. We discuss their mathematical properties, applicability to various scenarios, and their usage in blockchains and cryptocurrencies. We also provide a simple …

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Benefits of Zero-Knowledge Proofs in Increasing Trust

5 Levels, WIREDx / By

Benefits of Zero-Knowledge Proofs in Increasing Trust Summary In this article, we discuss the benefits of zero-knowledge proofs in increasing trust, particularly in elections. We also explore the concept of zero-knowledge proofs and their use in cryptography, including their first encounter with NP-completeness and the use of randomness to hide information. Additionally, we touch on …

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Blockchain Beyond Hype: Facilitating Safe and Transparent Transactions

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Blockchain Beyond Hype: Facilitating Safe and Transparent Transactions Summary In this article, we discuss the potential of blockchain beyond the hype surrounding initial coin offerings (ICOs) and get-rich-quick schemes. We explore how blockchain technology can facilitate safe and transparent transactions, create new trust structures, and even track the movement of goods in a supply chain. …

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