Cryptos:
105
Exchanges:
10
Wallets:
108
Marketcap:
$2,240,897,442,526
Volume 24h:
$35,433,073,909
Zero-Knowledge Proof
Share on social media
What does Zero-Knowledge Proof mean in crypto terms?
Zero-Knowledge Proof (ZKP) is a cryptographic method allowing one party (the prover) to prove to another party (the verifier) that they know a specific value or possess certain information, without revealing any details about the value or information itself. This technique is fundamental in enhancing privacy in blockchain transactions, as it enables the verification of transactions and the authenticity of assets without exposing the underlying data. ZKPs are widely used in privacy-centric cryptocurrencies and secure communication protocols to protect user data while maintaining network integrity.
Did you find this term clearly defined?
Yes
No
Explore Other Crypto Terms
Time Lock
Time Lock is a cryptographic feature that restricts the spending or use of certain bitcoins or other cryptocurrency assets until a specified future date or until certain conditions are met.
Read More
Side Chain
A Side Chain is a separate blockchain that operates alongside a parent blockchain, enabling enhanced functionality or value.
Read More
Replay Attack
A Replay Attack is a malicious network attack where a valid data transmission is fraudulently repeated or delayed.
Read More
Peer-to-Peer
Peer-to-Peer (P2P) refers to a decentralized form of interaction that occurs directly between parties without the need for an intermediary or central authority.
Read More