A zero knowledge proof for general computationis a cryptographic system which lets a person run an arbitrary program with a mixture of public and secret inputs and prove to others that this specific program accepted the inputs without revealing anything more about its operation or the secret inputs. Ey discharged its third generation zero. A zero knowledge proof is a digital protocol that allows information to be shared between the two participants without making use of any associated information or a password in the transaction.
Ey british auditing giant has discharge a new iteration of its zero knowledge proof zkp blockchain that intends to cut transaction costs by ninety percent. Which is helpful but it s not enough because you could pay me and i could not tell you the answer or i could tell you and. So using a zero knowledge proof i could prove to you that i know some x such that h x y.
It has been proven that you can convert any computer program into a zero knowledge proof this is referred to mathematically as pspace ip. A zero knowledge proof lets someone prove a mathematical fact to another person without teaching them anything about the fact itself. Navigation search in cryptography a zero knowledge proof or zero knowledge protocol is a method by which one party the prover can prove to another party the verifier that a given statement is true without conveying any information apart from the fact that the statement is indeed true.
From bitcoin wiki jump to. Similarly in bitcoin the transactions are done in the same way. Likewise the bitcoin zero knowledge proof is the same thing.
Thereby without the use of any password and information which is linked with the transaction is known as zero knowledge proof. A zero knowledge proof is a digital protocol that allows for data to be shared between two parties without the use of a password or any other information associated with the transaction.
