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NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains. The NEAR Foundation, renowned for its contribution to the NEAR protocol’s ecosystem, and Polygon Labs, have announced a pioneering venture to create zkWASM—a zero-knowledge proof technology tailored for WASM-based blockchains. This
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The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies. Source
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Zero-knowledge proof is set to revolutionize privacy and trust in digital interactions. Protocol Labs report reveals its shift towards real-world business applications. What is zero-knowledge proof Zero-knowledge proof is a powerful cryptographic technique that allows parties to prove information without revealing underlying data. A new report released today by Protocol Labs finds
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We believe zero-knowledge proofs (ZKPs) will continue to mature, both with new theoretical advancements in recursive proving and the gradual specialization of companies within the vertical to specific roles, such as co-processing, prove executions, zkDevOps, privacy layers, and so on. With this we are beginning to use ZKPs as a
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In a world increasingly anxious about privacy and exploitation of one’s personal data by governments, corporations, social media platforms and banks, zero-knowledge proofs may offer some relief. Indeed, this emerging cryptographic protocol could partially remedy two rapidly growing global
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The latest in blockchain tech upgrades and announcements. Source
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The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco. Original Source
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ZK-proofs allow a prover to persuade a verifier of a statement’s veracity without disclosing any information about the assertion itself. The prover and verifier interact in multiple rounds of the protocol, and in the conclusion, the verifier develops confidence in the veracity of the claim without learning any additional
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Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans. At last week's zkDay event as part of EthCC Paris, over 2,000 attendees arrived
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.This week, Finance Redefined looks at the growing popularity of zero-knowledge proof-based scalable solutions. Zero-knowledge rollups (ZK-rollups) technology has gained a lot of
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