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zk-SNARK Protocol

Definition

A zk-SNARK protocol is a cryptographic technique that enables one party to prove the truth of a statement to another party without revealing any information beyond the statement’s validity itself. These protocols are known for their “zero-knowledge” property and “succinct non-interactive arguments of knowledge.” In blockchain, they are primarily used to enhance privacy and scalability by allowing for the verification of transactions without exposing sensitive data. Their application is key to developing more confidential and efficient decentralized systems.