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[Mirror] Zk-SNARKs: Under the Hood

Time Stamp: February 2, 2024 11:10 AM - Modified On: February 2, 2024 - Published By:

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Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/zk-snarks-under-the-hood-b33151a013f6 This is the third part of a series of articles explaining how the technology behind zk-SNARKs works; the previous articles on quadratic arithmetic programs and elliptic curve pairings are required reading, and this article will assume knowledge of both concepts. Basic knowledge of what zk-SNARKs are and what they do is also assumed. See also Christian Reitwiessner's article here for another technical introduction. In the previous articles, we introduced the quadratic arithmetic program, a

[Mirror] Exploring Elliptic Curve Pairings

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Time Stamp: February 2, 2024 11:01 AM - Modified On: February 2, 2024 - Published By:

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Republished By Plato

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/exploring-elliptic-curve-pairings-c73c1864e627 Trigger warning: math. One of the key cryptographic primitives behind various constructions, including deterministic threshold signatures, zk-SNARKs and other simpler forms of zero-knowledge proofs is the elliptic curve pairing. Elliptic curve pairings (or "bilinear maps") are a recent addition to a 30-year-long history of using elliptic curves for cryptographic applications including encryption and digital signatures; pairings introduce a form of "encrypted multiplication", greatly expanding what elliptic curve-based protocols can do. The purpose of this

TCG World Metaverse and Procedural Worlds Craft Vast and Vivid Landscapes with Groundbreaking Technology

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Time Stamp: November 10, 2023 11:16 AM - Modified On: November 10, 2023 - Published By:

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Republished By Plato

New York, November 11, 2023. In a landmark year of collaboration, TCG World Metaverse has joined forces with the talented team at Procedural Worlds to forge a sprawling and immersive environment within the burgeoning metaverse sector. Covering an impressive 900 square kilometers, TCG World has been meticulously sculpted into four distinct regions: North, East, Forest, and Asia. Each quadrant boasts its own unique biome and atmosphere, thanks to the innovative suite of tools provided by Procedural Worlds — Gaia, GeNa, and the revolutionary new software, Storm. Procedural Worlds' artisans have

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:37 AM - Modified On: May 3, 2023 - Published By:

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Republished By Plato

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Paribus 2023 Roadmap

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Time Stamp: January 28, 2023 4:12 AM - Modified On: January 28, 2023 - Published By:

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Republished By Plato

A Bright Future Ahead As the new year begins most people use this time to review their past achievements and recalibrate their aims for the future. At Paribus we’re no different, and this gives us the opportunity to add more details to our roadmap based on our latest developments. The first thing to note about our updated roadmap is that there are no dates. In our journey, we’ve found that giving public dates can often be counter-productive. Although we use dates as internal targets, these are often flexible and adapt

Budgets and Black Holes

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Time Stamp: October 4, 2022 3:21 AM - Modified On: October 4, 2022 - Published By:

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Republished By Plato

During our most recent Twitter Space Town Hall we were asked about our marketing plan. It’s a question that comes up regularly so we thought we’d cover it in a bit more detail, explaining what we’re doing and why we’ve chosen our current approach. Most of the time people are interested in our marketing plan for the same reason they’re interested in our exchange listing plan, speculation. It’s generally assumed that spending money on marketing will attract new users and this will increase the value of a project’s tokens. In

White Whale: Enabling the UST peg in a decentralized manner

Source Node: https://ambcrypto.com/white-whale-enabling-the-ust-peg-in-a-decentralized-manner/

Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:

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Republished By Plato

When looking at the Cryptosphere, there are a number of challenges that are immediately present. The maintenance or consistency of the UST (TerraUSD) peg, is one of these challenges. If a stablecoin cannot hold its peg, the entire ecosystem that is built around it can fail. This is not a hypothetical situation, but one that has happened to other algorithmic stable coins, it resulted in the peg being lost and projects dumping to zero. Another issue smaller investors are facing is the “whales”. Whales have been known to manipulate markets,

What Is Solv Protocol?

Source Node: https://www.asiacryptotoday.com/solv-protocol/

Time Stamp: November 15, 2021 4:28 AM - Modified On: November 15, 2021 - Published By:

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Republished By Plato

Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth. Table of Contents Background Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

New Zealand Central Bank Asks Public for Input on CBDC

Source Node: https://beincrypto.com/new-zealand-central-bank-asks-public-input-cbdc/

Time Stamp: September 30, 2021 6:44 AM - Modified On: September 30, 2021 - Published By:

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Republished By Plato

In exploring issuing a central bank digital currency (CBDC), the Reserve Bank of New Zealand (RBNZ) is soliciting the opinion of the public.Sponsored Sponsored The RBNZ released an issues paper that explains the central bank’s perspective of the high-level policy opportunities and challenges of issuing a CBDC. Rather than go into detail on the specific design details, the paper explains abstract advantages and disadvantages, costs and benefits, and risks and opportunities of issuing a CBDC. According to the RBNZ, the paper “is the starting point for a conversation with stakeholders

Phemex: Trade simply and manage risks efficiently

Source Node: https://ambcrypto.com/phemex-trade-simply-and-manage-risks-efficiently/

Time Stamp: September 27, 2021 6:15 AM - Modified On: September 27, 2021 - Published By:

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The Phemex exchange was founded in 2019 by a group of experienced Wall Street executives who wanted to build a professional and transparent crypto trading platform with a customer-centric approach. Phemex empowers its users to access the right set of tools in order to manage risks associated with trading crypto. The Phemex Story The team chose the name Phemex in order to highlight their dedication to building a trustworthy trading platform. Pheme is the Greek god of fame which represents the public voice, while MEX stands for mercantile exchange. Together,

Ripple’s Use Case Stand Out While Others Remain Speculative

Source Node: https://coinquora.com/ripples-use-case-stand-out-while-others-remain-speculative/

Time Stamp: September 27, 2021 4:48 AM - Modified On: September 27, 2021 - Published By:

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Regulation News Ripple and SEC legal talks continue. XRP provides great cross border payments. The Securities and Exchange Commission (SEC) and Ripple (XRP) legal talks in the US continue to heat up. As a result, these issues have become one of the most talked-about topics in the crypto world. Recently, the CEO of Ripple, Brad Garlinghouse, insisted that the SEC has provided no clarity in crypto regulation and has lost sight of its mission to protect investors. Despite this ongoing heated debate between SEC and Ripple, XRP continues to provide

BloqBall’s LGE Will Launch on Fantom’s SpiritSwap

Source Node: https://coinquora.com/bloqballs-lge-will-launch-on-fantoms-spiritswap/

Time Stamp: September 12, 2021 5:00 AM - Modified On: September 12, 2021 - Published By:

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News BloqBall is launching on Fantom via SpiritSwap. Users on the platform can deposit FTM to earn BQB tokens. Those who do so in the first 24 hours will earn additional BQB. BloqBall (BQB) is launching its token on the Fantom (FTM) blockchain with the SpiritSwap DeFi team. The BQB launch will make a mark in DeFi history by having the fairest token launch so far. In detail, the Bloqball launch is a completely community-centric Liquidity Generation Event (LGE). For further context, users of the Fantom community can deposit a

[Mirror] Zk-SNARKs: Under the Hood

TCG World Metaverse and Procedural Worlds Craft Vast and Vivid Landscapes with Groundbreaking Technology

Paribus. Trust Less.

Paribus 2023 Roadmap

Budgets and Black Holes

White Whale: Enabling the UST peg in a decentralized manner

New Zealand Central Bank Asks Public for Input on CBDC

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