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Zero Knowledge Free

Definition

Zero Knowledge Free refers to systems or transactions that do not employ zero-knowledge proofs, meaning they do not conceal any information about the transaction beyond what is typically hidden by standard cryptographic hashing. In such systems, while transaction participants’ identities might be pseudonymous, the transaction amounts, sender, and receiver addresses are generally visible on the public ledger. This contrasts with privacy-preserving technologies that use zero-knowledge proofs to hide specific transaction details. It represents a default level of transparency for many public blockchains.