ZKPs

Definition ∞ ZKPs, or Zero-Knowledge Proofs, are cryptographic methods that allow one party to prove to another that a given statement is true, without revealing any information beyond the truth of the statement itself. This property is instrumental in enhancing privacy and scalability in blockchain systems. They enable verification without disclosure of sensitive data.
Context ∞ The integration and advancement of ZKPs are central themes in contemporary blockchain development and news. Discussions frequently revolve around their application in layer-2 scaling solutions to reduce transaction costs and increase throughput, as well as their use in creating more private digital transactions. Ongoing research into more efficient and versatile ZKP systems continues to drive innovation in the sector.