Polygon, a well-known layer-2 blockchain scalability platform, used Twitter to announce the much-anticipated launch of Polygon ID, a zero-knowledge decentralized identity solution. It has released fou...
Tag: Proofs
Polygon launches web3 identification service using zero-knowledge proofs
Polygon, the Ethereum sidechain, released a web3 identification service called Polygon ID that will allow blockchain-based applications to authenticate user credentials without compromising personal i...
European Union discusses using zero-knowledge proofs for digital IDs
The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central ...
ZK proofs can be backbone for regulatory-compliant stablecoin: Study
Earlier today, Mina Foundation announced their recent collaboration with Etonec and Private Bank 1796 to explore how a private and fully regulatory-compliant stablecoin can be developed. Etonec releas...
Zero-knowledge proofs could solve CBDC privacy concerns, research shows
Deploying zero-knowledge proof cryptography could allow for “trustless privacy” in a central bank digital currency (CBDC), according to new research, addressing a major area of concern for...
U.S Court Set Deadline For Celsius Users and Customers To File Proofs of Claims
Celsius was among the top five crypto lenders globally that filed for bankruptcy in July. The next hearing of the Celsius case will be in the first week of December 2023. Celsius Network filed its b...
Cryptographic Proofs & ZK Snark Could Help Centralised Exchange Said Vitalik Buterin
The failure of the FTX Exchange has created an atmosphere of fear in the crypto industry. The crash of the FTX exchange has rusted the beliefs of users and investors on centralised exchanges, and ma...
Vitalik Buterin – Centralized Exchanges Could Use Cryptographic Proofs, ZK-Snark To Build Trust
HodlX Guest Post Submit Your Post The renowned blockchain programmer wrote a blog on how centralized exchanges can move toward trustlessness. Buterin opines zero-knowledge succinct non-interactive ...
Customers of Bankrupt Lender Celsius Can File Proofs of Claim by January
Celsius’ motion, approved by U.S. Bankruptcy Court of the Southern District of New York last week, requires customers to submit proofs of claim on or before Jan. 3, 2023. Any person or entity – ...
Let’s Actually Commit to Proofs of Reserve This Time, Okay?
Let’s be clear. A PoR wouldn’t have “stopped” FTX, Quadriga, or Mt Gox. All three were insolvent for long periods of time, due to either fraud or hacks. But in a world where PoR is normalized, their r...
Vitalik says making ZK proofs ‘understandable’ is necessary for Ethereum
Making zero-knowledge proofs (ZKPs) “understandable and accessible” to people is necessary to keep the Ethereum ecosystem “open and welcoming” to people without a mathematics degree, Ethereum co-found...
Standard Chartered-Backed Zodia Custody Offers Crypto Ownership Proofs for Institutions
Zodia’s patent-pending custodial ownership system, which is now in live production, actually involves three different proofs, Janaudy explained. It comprises proof of ownership from a customer point o...
What Are Bullet Proofs? Guide to Confidential Cryptocurrency Transactions
Privacy of transactions is an integral component of cryptocurrencies and one of the most important for many users. While Bitcoin is often characterized as an anonymous medium of value transfer by main...
RISC Zero raises $12 million to build a blockchain using zero-knowledge proofs
Crypto startup RISC Zero has raised a $12 million seed round led by Bain Capital Crypto to build a scalable blockchain using zero-knowledge proof technology. Investment firm Geometry remains a follow-...
Algorand pioneers state proofs- Here’s what investors can expect from ALGO
Algorand [ALGO] is down by more than 30% this week courtesy of a bearish correction after coming into contact with its descending support line. It is now retesting the previous support line where it b...
Findora Zero-Knowledge Proofs Prove Attractive to Developers » NullTX
Unless you’re the type of person who follows blockchain startups the way sports fans track players’ stats, you probably don’t know that up-and-comer Findora actually got its start as a university rese...
6Block, focusing on ZK Computing, has officially launched its Mining Platform for Zero Knowledge Proofs
As the second place of Aleo Testnet 2, 6Block, positioning as the supplier of the computing technology solutions, including mining pools, miners, mining software, explorers, etc. has always put the ef...
Polygon unveils identity service leveraging zero-knowledge proofs
Polygon, a popular sidechain on Ethereum, has launched a new user identification service that gives blockchain-based applications the ability to check a person’s credentials without revealing th...