zk-STARKs vs. zk-SNARKs explained | The Markets Café
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Tuesday, March 21, 2023
No Result
View All Result
Subscribe
  • Login
The Markets Café
en English
zh-CN 简体中文en Englishfr Françaisde Deutschhi हिन्दीit Italianoja 日本語pt Portuguêsru Русскийes Españoltr Türkçe
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
No Result
View All Result
The Markets Café
No Result
View All Result
  • News
  • Politics
  • Markets
  • Crypto
  • Economy
  • Finance
  • Forex
  • Investing
  • Tech
  • Videos
  • Community
Home Crypto Explained

zk-STARKs vs. zk-SNARKs explained

by Press Room
August 12, 2022
in Explained
99 4
A A
0
21
SHARES
687
VIEWS
FacebookTwitter

zk-STARKs are one of the two transparent and scalable privacy-enhancing methods. The public availability of the randomness utilized by the verifier negates the need for a trusted setup.

But, what does zk-STARK stand for? zk-STARK stands for Zero-Knowledge Scalable Transparent Argument of Knowledge, which is a type of cryptographic proof technology. zk-STARKs, also known as zero-knowledge proofs, allow users to communicate validated data or execute computations with a third party without the data or analysis being revealed to the other party.

zk-SNARKs, which were used to build zk-proof systems before the development of zk-STARKs, solved the vulnerability of those trusted parties jeopardizing the system’s privacy because they had to set up the zk-proof system initially. zk-STARKs advance this technology by distancing away from the requirement for a reliable setup.

Moreover, the scalability and privacy issues with permissionless blockchains are improved with STARKs. The present zk-STARK research being conducted by STARK technology pioneer StarkWare Industries is primarily concerned with scalability, with privacy coming later.

By enabling developers to relocate computations and storage off-chain, STARKs increase scalability. STARK proofs that verify the accuracy of off-chain computations can be produced by off-chain services. After that, these proofs are re-posted on the chain so that anyone with interest can verify the computation.

In addition, STARKs enable existing blockchain infrastructure to scale exponentially without compromising computational integrity by off-chaining the majority of computing effort. So, which coins use zk-STARKs?

Layer-2 solutions compute thousands of transactions in a single batch using STARKs, and then use a single STARK proof to confirm their validity on-chain. All of the transactions in the batch share the cost of the on-chain operation, offering a low gas cost for each transaction. Starkware is implementing Zero-Knowledge Scalable Transparent Argument of Knowledge in many blockchains, including the Ethereum blockchain.



Read the full article here

Related Articles

Explained

How do blockchain forensics and asset tracking work?

March 20, 2023
Explained

Polygon supernets vs. Avalanche subnets: Key differences

March 19, 2023
Explained

What are distributed systems, and how do they work?

March 18, 2023
Explained

What is quantum cloud computing, and how does it work?

March 17, 2023
Explained

What are fan tokens, and how do they work?

March 16, 2023
Explained

What is crypto contagion, and how does it affect the market?

March 15, 2023

About Us

The Markets Café

The Markets Cafe is your one stope Finance, Politics and bussines news website, follow us to get the latest news and updates from around the world.

Sections

  • Commodities
  • Crypto Markets
  • Crypto News
  • DeFi
  • Economy
  • Explained
  • Finance
  • Forex
  • Futures
  • Investing
  • Markets
  • News
  • NFT
  • Politics
  • Real Estate
  • Stocks
  • Tech
  • Videos

Site Links

  • Contact
  • Advertise
  • DMCA
  • Submit Article
  • Forum
  • Site info
  • Newsletter

Newsletter

THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

© 2022 The Markets Café - All rights reserved.

No Result
View All Result
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • Videos
  • Community
  • Charts

© 2022 The Markets Café - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.