SNARK Marketplace

Definition ∞ A SNARK marketplace is a platform or protocol that facilitates the exchange and verification of Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (SNARKs). Participants can create or purchase SNARKs to prove statements without revealing underlying data, enhancing privacy and scalability in blockchain applications.
Context ∞ SNARK marketplaces represent a frontier in privacy-preserving and scalable blockchain technology. They enable verifiable computation off-chain, reducing transaction costs and improving throughput. The development of efficient and secure SNARK marketplaces is key to advancing confidential transactions and complex decentralized applications.