Category: Zcash (ZEC)

Improved zk-SNARK Multi-party Computation Protocol

zk-SNARKs – the zero-knowledge proofs at the core of Zcash – require a parameter generation ceremony to take place for every statement that you wish to create proofs about. Although privacy is protected by zk-SNARKs unconditionally, if this ceremony is compromised it becomes possible to counterfeit Zcash. It is thus important for …