Zero-knowledge tech development heats up amid bear market

  • 📰 Cointelegraph
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From roll-ups to STARKs to cross-chain bridges, ZK development is expanding across all sectors.

Zero-knowledge proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans. At last week's zkDay event as part of EthCC Paris, over 2,000 attendees arrived at a small venue by Rue l'Aubrac to catch a glimpse of the latest ZK projects on display.

Cointelegraph: I think the ZK bridge is quite unique among all the ZK companies that we've seen so far. Could you elaborate a little bit about that?We are building a [ZK] bridge that connects more than 10 different layer-1 and layer-2 blockchains. Since we are using zero-knowledge proofs to prove a state, our security is solely based on the security of proofs and the security of the source chain. So basically, if none of them are broken, then our security will not be broken.

 

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Zero-knowledge proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans.

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