Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ZKP
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…
5 years ago