RIAN DATTA (L6) Zero-knowledge proofs (ZKPs) are a powerful asset used in the field of cryptography that allow a party (the prover) to demonstrate to another party (the verifier) that they have access to a certain piece of information, without having to reveal the information itself. Since its first appearance in an MIT paper titled “The knowledge complexity of interactive proof systems” (written by Shafi Goldwasser and Silvio Micali in 1985), ZKPs have quickly become one of the most commonly used methods for keeping data secure online; even being implemented by companies ranging from Visa to Apple. But, why? In this article, the mystery of ZKPs will be unveiled as you learn the fundamentals of how they function, what they’re currently used for - including potential future applications - and their drawbacks. You’re probably wondering how something so counterintuitive can actually exist and, although it may seem like technology straight out of a science-fiction movie, ZKPs use real...
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