“Zero-knowledge execution,” or Zexe (pronounced “sexy” with a Z), is Aleo’s smart contracts-friendly evolution of ZKPs. It will see users execute off-chain transactions that pair with on-chain cryptographic proofs. Crunching often complex transactions off-chain promises more “scalability, efficiency and privacy” than doing it all on-chain, according to Pruden.
Source: https://www.coindesk.com/business/2022/02/07/aleo-blockchain-raises-200m-for-privacy-minded-defi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines