{"id":19221,"date":"2023-03-28T12:23:12","date_gmt":"2023-03-28T12:23:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/3-german-computer-scientists-bringing-scalability-to-bitcoin-using-zk-proofs\/"},"modified":"2023-03-28T12:23:12","modified_gmt":"2023-03-28T12:23:12","slug":"3-german-computer-scientists-bringing-scalability-to-bitcoin-using-zk-proofs","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/3-german-computer-scientists-bringing-scalability-to-bitcoin-using-zk-proofs\/","title":{"rendered":"3 German computer scientists bringing scalability to Bitcoin using zk-proofs"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679999964501-b73acb79-0345-4acc-8dfb-514553a0cfb5-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679999964501-b73acb79-0345-4acc-8dfb-514553a0cfb5-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679999964501-b73acb79-0345-4acc-8dfb-514553a0cfb5-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679999964501-b73acb79-0345-4acc-8dfb-514553a0cfb5-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>The three German scientists formed ZeroSync Association to bring Zero-Knowledge Proofs to Bitcoin.<\/li>\n<li>The association has received sponsorship from Geometry Reaserch and StarkWare Industries.<\/li>\n<li>Geometry Reaserch is a crypto investment firm while StarkWare Industries is the software company behind StarkNet.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin <\/a>currently uses the proof-of-work (PoW) consensus mechanism which in a way limits its scalability. Its rival blockchain <a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum <\/a>also used PoW but changed to Proof-of-Stake (PoS) consensus mechanism through the <a href=\"https:\/\/coinjournal.net\/news\/ethereum-successfully-completes-the-merge-eth-price-analysis\/\">Merge Upgrade<\/a>.<\/p>\n<p>Three German computer scientists have created a Swiss non-profit association called ZeroSync Association to help bring scalability to Bitcoin using zero-knowledge proofs (zk-proofs), a cryptographic technique whose popularity on Ethereum has surged considerably.<\/p>\n<h2>What is Zero-knowledge Proofs?<\/h2>\n<p>Zero-knowledge Proofs, commonly referred to as zk-proofs, is a cryptographic technique that uses cryptography to prove the validity of information revealing the information to the public.<\/p>\n<p>By deploying kz-proofs on Bitcoin means nodes will be able to sync almost instantly compared to hours and sometimes days that it takes to download the chain\u2019s current 500GB data.<\/p>\n<h2>ZeroSync Association already has a working prototype<\/h2>\n<p>At the moment, ZeroSync has already developed a working prototype that allows users to validate who owns what and the transaction history on Bitcoin without having to download the entire chain or using a third party.<\/p>\n<p>The prototype can however only verify Bitcoin consensus rules but not transaction signatures. The prototype is also a bit chunky and still needs to be optimized for security and speed.<\/p>\n<p>When fully deployed on Bitcoin ZeroSync will allow verification of transaction of Bitcoin using cryptographic proof instead of trusting honest nodes as suggested by the Bitcoin founder Satoshi.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/3-german-computer-scientists-bringing-scalability-to-bitcoin-using-zk-proofs\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The three German scientists formed ZeroSync Association to bring Zero-Knowledge Proofs to Bitcoin. The association has received sponsorship from Geometry Reaserch and StarkWare Industries. Geometry Reaserch is a crypto investment firm while StarkWare Industries is the software company behind StarkNet. Bitcoin currently uses [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":19222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19221"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=19221"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/19222"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=19221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=19221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=19221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}