zero-knowledge proof

BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin

September 26, 2024

BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge cryptography without altering Bitcoin’s core protocol. By facilitating decentralized atomic swaps, cross-chain transfers, and 2-way pegging, BitSNARK opens up new possibilities for Bitcoin to interact…
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Bitcoin Rollup Protocol BOS Verifies Zero-Knowledge Proof on Mainnet

July 25, 2024

BitcoinOS (BOS) has successfully verified a zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a significant technological advancement. This development introduces scalability and enhanced functionality to Bitcoin without altering its base layer. BOS Verifies ZK Proof on Bitcoin BOS, a protocol for trustless and interoperable Bitcoin rollups, disclosed to Bitcoin.com News that it had accomplished…
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Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced

June 13, 2024

With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge prover, Proof of SQL, under an open software license. The team says the release marks a notable shift towards more efficient data verification processes in blockchain applications. Blockchain Verification Enters New Speed Era with Space…
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Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid

June 4, 2024

The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK…
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Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

May 22, 2024

Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with…
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‘Garbled Circuits’ Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder

April 9, 2024

According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of…
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Making Privacy Solutions EVM-Compatible Is Key to Integrating Them With Blockchains and Dapps — Guy Itzhaki

December 20, 2023

While proponents of fully homomorphic encryption (FHE) have sometimes touted it as a better privacy solution than zero-knowledge (ZK) proofs, Guy Itzhaki, the founder and CEO of Fhenix, said both are cryptographic-based technologies which, when combined, can form a robust and efficient encryption layer. To support this viewpoint, Itzhaki pointed to a research study whose…
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Developers on Google Cloud to ‘Verify’ Smart Contracts With Space and Time’s ZK-Proof Protocol

November 3, 2023

Developers working with the Google Cloud data warehouse known as Bigquery can now verify blockchain smart contracts and other business processes using Space and Time’s zero-knowledge (ZK)-proof protocol. The protocol is said to be useful for enterprises that are looking to connect their respective cloud data warehouse services to their smart contracts. Cryptographically Confirming the…
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Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology

September 22, 2023

A recently resurfaced video from 1998 has stirred up speculations regarding the alleged involvement of Hal Finney, an American software developer and early Bitcoin pioneer, in the creation of the flagship cryptocurrency. The footage captures Finney discussing zero-knowledge proofs during the 18th annual International Cryptology Conference at the University of California, Santa Barbara…. Read More: Resurfaced…
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Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches

June 2, 2023

The wallet developer also raised $4.5 million from HackVC and other firms to further advance ZK-based enterprise solutions. Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with…
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