History of Zero-Knowledge Proofs in Cryptocurrencies

Zero-Knowledge Proofs (ZKP) is a cryptographic technology that allows one party to prove to another that they know certain information without revealing the information itself. In the world of cryptocurrencies, ZKP became known through the Zcash project, which uses zk-SNARKs to ensure transaction anonymity. This technology significantly improves privacy, as it allows transactions to be conducted without revealing data about the parties or amounts. Today, ZKP is actively developed and applied in other blockchains, improving network security and scalability, and also providing new opportunities for creating anonymous and secure digital assets.