What is Zero Knowledge Crypto?

Zero Knowledge Crypto, short for Zero Knowledge Proof (零知识证明), is a cryptographic technology that allows for the verification of information authenticity without revealing any raw data. In the blockchain field, ZKP is typically used to enhance privacy protection and scalability.

For example: you can prove to someone that you know a password without having to tell them what the password is.

Why is zk-SNARKs the future of cryptographic technology?

The application value of zk-SNARKs in Web3 is enormous. This is mainly reflected in:

• Enhanced privacy protection: User transaction data does not need to be fully public to be verified.
• Improving on-chain efficiency: Solutions like ZK Rollup can bundle a large number of transactions, significantly reducing Gas fees.
• Applicable to financial compliance scenarios: allows verification of identity or asset proof without exposing details, meeting KYC/AML requirements.

Overview of Popular ZKP Projects

1. Mina Protocol
   Mina is currently the lightest blockchain known, requiring only a 22KB block size, with its core using zk-SNARKs to compress data. Mina is dedicated to building a truly decentralized and privacy-friendly blockchain application ecosystem.
2. zkSync
   zkSync is a ZK Rollup scaling solution developed by Matter Labs, aimed at providing a fast and low-cost transaction environment on Ethereum. The main products currently include zkSync Era and zkPorter.
3. Polygon zkEVM
   Polygon’s zkEVM is an Ethereum-compatible ZK Rollup execution environment that allows Ethereum developers to seamlessly migrate smart contracts and enjoy higher performance.
4. Starknet
   Starknet is a Layer2 network developed by StarkWare, using STARK proofs, focusing on the operation of high-performance DApps and the design of ZK system architecture.

Corresponding tokens and their functions

The above tokens can be purchased on Gate, click the link to trade:Gate.com

Investment advice and future trends

ZKP is a technology-driven track, and investors should pay attention to the following points:

• Pay attention to the mainnet launch and token unlocking progress: zkSync and Starknet have recently launched their token programs, and Mina is operating stably.
• Avoid FOMO mentality: Although ZKP is a hot trend, it is still in its early stages and carries a high level of uncertainty.
• Pay more attention to the Layer 2 ecosystem: projects like Polygon zkEVM and zkSync are growing rapidly, offering abundant opportunities.