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Zero-Knowledge SNARKs

Definition

Zero-Knowledge SNARKs, which stands for Succinct Non-interactive ARguments of Knowledge, are a cryptographic proof system allowing one party to prove they possess certain information without revealing the information itself. The proofs generated are remarkably small and quick to verify, making them highly efficient. This technology is crucial for enhancing privacy and scalability in blockchain networks, enabling confidential transactions and off-chain computation verification. SNARKs ensure data integrity while preserving user privacy.