What are Zero Knowledge Proofs and How Do They Work

Zero-Knowledge proofs are a popular cryptographic method that utilizes probabilistic assessments to allow parties to verify data without revealing or sharing the underlying data. MIT researchers introduced the process in the late 80s and have since seen growing adoption in the blockchain sector. Nowadays, zero-knowledge proofs play a vital role in the business sector by securely verifying sensitive data. What Problems do Zero-Knowledge Proofs Fix? Zero-knowledge proofs solve several problems facing the business and personal sectors. First, there are many scenarios…