Audit trail transparency signifies the public availability and verifiability of all historical operations and transactions within a digital system. This property ensures that every action is recorded immutably and can be reviewed by any authorized party. It serves as a foundational element for accountability and trust in distributed ledgers.
Context
This concept is paramount in discussions surrounding regulatory oversight for digital assets and decentralized finance. News reports frequently detail how blockchain’s inherent transparency aids in compliance efforts, while also pointing out projects that lack sufficient auditability, thereby raising concerns about their integrity and security. Its presence or absence significantly impacts public confidence.
ZKPoT uses zk-SNARKs to verify decentralized model accuracy without revealing private data, solving the efficiency-privacy trade-off in federated learning.
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