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Cryptocurrency’s scalability and privacy is one of the most pressing issues across any blockchain ecosystem — whether that’s Bitcoin, Ethereum, or a DeFi token. In this article we go over how zkApps solve the industry’s greatest challenges.
Proof-of-Work (PoW) and Proof-of-Stake (PoS) are the two most common types of consensus mechanisms found in cryptocurrency protocols. Learn more about each and Mina's specific type of PoS consensus, called Ouroboros Samasika.
Legacy blockchains, such as Bitcoin or Dogecoin, face the problem of long waits to verify the entire chain due to their ever-growing size. However, with Mina, participants will be able to fully verify the network and transactions from their ordinary devices using recursive zero knowledge proofs, or zk-SNARKs.
Mina Protocol leverages Ouroboros Samasika, a succinct proof-of-stake consensus mechanism, to achieve strong decentralization properties.
The entire Mina blockchain is about 22kb - the size of a couple of tweets.
In PLONK (considered as an interactive oracle proof), the prover sends the verifier several polynomials. They are evaluated at some k points during the course of the protocol. Of course, if we want zero-knowledge, we would require that those evaluations do not reveal anything about the proof's underlying witness.
Pickles is a new proof system and associated toolkit that is the first deployed SNARK capable of recursive composition with no trusted setup.
An explanation of how Mina Protocol uses recursive zk-SNARKs to enable a succinct blockchain and solve legacy blockchain issues of decentralization and scalability.
In a one-of-a-kind opportunity for community members, Coda Protocol’s Genesis token program will prepare participants to become the first block producers upon mainnet launch.
What if we could, without trust, interact with other parties, and be assured through cryptography that our data would never be leaked? This is where zk-SNARKs come in. In the same way that Bitcoin was a call to action around reasserting our financial ownership, SNARKs in the same vein will help us assert our computational ownership.
The Complete Guide to Crypto's Most Powerful Proofs
Zero-knowledge proofs (ZKPs) are a powerful cryptographic primitive that enables you to prove that you have a secret, without revealing it to anyone. If you are hearing about ZKPs for the first time, you are likely to say "Hah! That sounds impossible." Read on to get an intuitive understanding of what they are.
Mina uses advanced cryptography and recursive zk-SNARKs to deliver true decentralization at scale.
Getting started with ZK on Mina is simple.
