Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6861248528920965120
Understanding Zero-Knowledge Proofs: Keeping #Sensitive #Data #Private in the #Blockchain: https://lnkd.in/eqA-9aVv
Having a #public, #immutable #ledger, agreed upon by everyone in the #network, allows for all sorts of applications, from the transfer of wealth between individuals to tracking ownership of digital art. However, because the ledger is public, #privacy is #sacrificed.
The #Ethereum based global #Blockchain #CloudComputing #Platform that we advised the global #CEO #CxO team on #technology and #strategy while representing the #CEO on #global #investment #roadshows across #Asia and #Australia as well as some of the latest #cryptocurrency innovators rely upon zero-knowledge proof, distinctly different from the protocol used by other #cryptocurrencies like #Bitcoin (#BTC) or #Dogecoin (#DOGE). It uses a #protocol called zk-SNARKs, or zero-knowledge #succinct #noninteractive #argument of #knowledge, first popularized by #Zcash. In broad terms, this means that data can be #encrypted, #agreed upon, #verified, and #added to the blockchain #without the data itself being #exposed to anyone.
Take a look at each term to better understand zk-SNARKs:
#ArgumentOfKnowledge: Using #math, specifically #cryptography, a #prover can prove to a verifier that they know something for certain. And the #verifier can say this is definitively true. This is at the basis of all #blockchains.
#ZeroKnowledge: This means that the #verifier has no #access to the thing the #prover is proving, so the #data stays #private.
#Succinct: The #math involved can be done #quickly.
#Noninteractive: Only a #single #communication from #prover to #verifier needs to happen for the data to be verified. Earlier iterations of zero-knowledge proofs needed multiple rounds of communication between prover and verifier.
#Crypto #Cryptography #Zero #Knowledge #Proofs: https://lnkd.in/esb7_9UZ
Beyond #zk #proofs to zk #vulnerabilities, zk-#SNARKs, #homomorphic, and, semi-homomorphic #encryption:
zero-knowledge proofs:
https://lnkd.in/ecbYBzC
vulnerabilities of zero-knowledge proofs: https://lnkd.in/eY_pPDc
zk-SNARKs: https://lnkd.in/eq9ZjEf
homomorphic encryption: https://bit.ly/2mnCt13
semi-homomorphic encryption: https://lnkd.in/ep3kD_2
Why #Encryption and #Crypto #Systems #Fail and How to #Preempt and #Prevent Such #Systems #Failures: #Cryptology beyond #Shannon’s #InformationTheory: Technical Focus on #NumberField #Sieve #Cryptanalysis #Algorithms for Most #Efficient #Prime #Factorization on #Composites:
https://lnkd.in/dXZQmE6 :
#Shannon’s Maxim and #Kerckhoffs’s Principle, underlying #cryptography #encryption are advanced toward more robust encryption and cryptography mechanisms.
AI-ML-Quant-Cyber-Crypto-Quantum Expert Papers & Presentations:
https://lnkd.in/eR6439j .
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We create the Digital Future™: https://lnkd.in/esk8PEp :