Scroll Top

Zero Proof Knowledge cryptography finally goes live on Bitcoin

WHY THIS MATTERS IN BRIEF

A fascinating area ZPK’s let provers prove to you that something is fact without telling you why – and it could revolutionise knowledge and “proof” sharing.

 

Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential Universityconnect, watch a keynote, read our codexes, or browse my blog.

Three German computer scientists have created a Swiss non-profit called the ZeroSync Association to help scale Bitcoin by using a relatively unknown but possibly revolutionary technology called Zero Knowledge Proof (zk-proofs) Cryptography, a cryptographic technique that has exploded in popularity on rival chain Ethereum.

 

See also
New X-Ray technique helps researchers discover backdoors in components faster

 

Zero knowledge proofs use cryptography to prove the validity of information without revealing the information itself – in other words they give people, the “Justifiers,” a way to trust that the information they’re receiving is true without the “Proovers” ever having to prove it. And as for why it’s as revolutionary as it is weird imagine being able to be certain that the information you’re receiving is true without ever having someone prove it … Confused? Yes. Revolutionary in today’s distributed hyper-connected world? Undoubtedly.

Using a zk-proof to validate the Bitcoin blockchain means nodes can sync almost instantly instead of taking hours and sometimes days to download the chain’s current 500GB of data.

ZeroSync has already produced a working prototype that allows users to validate the state – who owns what right now – and transaction history of the Bitcoin blockchain without downloading the entire chain or trusting a third party.

 

See also
Digital design studio The Fabricant lets everyone become a Metaverse fashion designer

 

The prototype can verify Bitcoin consensus rules but not transaction signatures. It’s also a bit clunky and still needs to be optimized for speed and security, so it’s not ready for prime time just yet, but the important thing is – it works.

“It’s very much in the prototype stage,” says ZeroSync co-founder Robin Linus. “But the grand vision is that you download that one megabyte of proof and that is as good as if you had downloaded the 500 gigabytes.”

Light clients or Simple Payment Verification (SPV) nodes have always existed on the Bitcoin blockchain. In fact, Satoshi Nakamoto mentioned the concept in his original whitepaper. They are critical for small devices like mobile phones that can’t download the entire blockchain.

“It is possible to verify payments without running a full network node,” Satoshi wrote. “Verification is reliable as long as honest nodes control the network, but is more vulnerable if the network is overpowered by an attacker.”

 

See also
South China Airlines swaps boarding cards for facial recognition

 

ZeroSync goes a step further by verifying transactions via cryptographic proof rather than merely trusting honest nodes as suggested by Satoshi.

“You don’t have to trust, that is the entire point,” said Linus. “The proof proves it to you, that’s the great invention.”

A fully functioning zk-proof mechanism can be used to enable a wide range of applications outside of the flagship node syncing use case. ZeroSync has created a developer tool kit to enable applications like proof-of-reserves on exchanges and transaction history compression on second layer protocols like Lightning Labs’ Taro.

Linus and fellow co-founder Lukas George joined forces last July to work on implementing a full chain proof of the Bitcoin blockchain after George’s undergraduate thesis on implementing a proof of Bitcoin’s headers caught the attention of Geometry Research.

 

See also
Researchers have developed an AI that can identify masked individuals

 

The team subsequently added Tino Steffens to the mix; all three co-founders have a background in computer science.

Linus was living in Santa Teresa, a remote beach town on Costa Rica’s Nicoya Peninsula that has one ATM machine with a 10pm curfew. It drove Linus nuts and forced him to research alternative payment methods. He stumbled upon Bitcoin, befriended the well-respected “Bitcoin sorcerer” Ruben Somsen, who coined the term “ZeroSync,” and the rest as they say, is history.

“From there, I started to learn more and more about cryptography,” Linus said. “I developed some skills over time and then Ruben recommended me to Geometry Research. They offered me the opportunity to build STARK proofs for Bitcoin and that’s also how I got in touch with Lucas.”

Related Posts

Leave a comment

FREE! DOWNLOAD THE 2024 EMERGING TECHNOLOGY AND TRENDS CODEXES!DOWNLOAD

Awesome! You're now subscribed.

Pin It on Pinterest

Share This