Topic: [ANN] Zeeka - Scalable layer-1 cryptocurrency using zero-knowledge proofs [PoW] (Read 461 times)
October 25, 2022, 04:22:17 AM
https://zeeka.io/
is zeeka scam?
Hi,zeeka fans, zeeka's co-founder(Iranian)- Keyvan Kambakhsh modified the project link without agrees, privately invited Rues (Turks) to team, and threatening founder to quit Zeeka, and refused to return Funds, a dishonest man is leading Zeeka to the abyss.
Keyvan Kambakhsh - dishonest Iranian
His Github: https://github.com/keyvank
His Linkedin: https://linkedin.com/in/keyvan-kambakhsh
We applaud the Iranian women's hijab revolution, but it is undeniable that there are also dishonest men among the bravest Iranians
September 01, 2022, 06:20:04 PM
I m interested in testnet, Who can participate in testnet, can everyone for participating in testnet? Will any reward who was participated in testnet?
September 01, 2022, 01:30:11 PM
Looking forward to going online
August 27, 2022, 07:25:05 AM
ℤ We are really close to a testnet! ℤ
Keep checking the #announcements channel of our Discord server for the latest news!
https://discord.gg/4gbf9gZh8H
Keep checking the #announcements channel of our Discord server for the latest news!
https://discord.gg/4gbf9gZh8H
May 31, 2022, 04:51:32 PM
Thanks. Looks like they haven't decided on a POW algo based on the whitepaper.
Also, for anyone curious, the main-net is projected to launch Q2, 2023.
Here are details about how they intend to distribute the coin. Doesn't seem ideal to me. POW is the underlying security of the network, yet hash providers are only rewarded 70% of the total potential supply.
Quote
Miners/Executors (70%)
Miners provide network consensus. Executors execute Zero Contracts and provide zk-proofs of their execution to miners. Zeeka tokens are awarded to miners and executors, representing 70% of the total token supply.
Seed (5%) (6-month linear vesting)
The project requires funds to help develop the MVP. Zeeka tokens are available at a lower price for early investors. In order to develop a MVP, engineering, marketing, and other professionals will be hired. Also, funds will be used to establish a legal foundation in the UK.
Investors (10%) (1-year linear vesting)
The remaining 10% of investor shares will be available for further fundraising following the MVP. In addition, the funds will be used to hire top engineers and cryptographers to develop Zeeka.
Foundation (5%) (4-year linear vesting)
The mission of Zeeka Foundation is to support the Zeeka project and its development. A 10% share of tokens will go to the foundation, and the funds go to auditors and developers who build on Zeeka’s network as grants.
Team (5%) (4-year linear vesting)
Zeeka’s founders and other team members will own 5% of the tokens.
Miners provide network consensus. Executors execute Zero Contracts and provide zk-proofs of their execution to miners. Zeeka tokens are awarded to miners and executors, representing 70% of the total token supply.
Seed (5%) (6-month linear vesting)
The project requires funds to help develop the MVP. Zeeka tokens are available at a lower price for early investors. In order to develop a MVP, engineering, marketing, and other professionals will be hired. Also, funds will be used to establish a legal foundation in the UK.
Investors (10%) (1-year linear vesting)
The remaining 10% of investor shares will be available for further fundraising following the MVP. In addition, the funds will be used to hire top engineers and cryptographers to develop Zeeka.
Foundation (5%) (4-year linear vesting)
The mission of Zeeka Foundation is to support the Zeeka project and its development. A 10% share of tokens will go to the foundation, and the funds go to auditors and developers who build on Zeeka’s network as grants.
Team (5%) (4-year linear vesting)
Zeeka’s founders and other team members will own 5% of the tokens.
May 31, 2022, 11:58:37 AM
POW Algorithm ?
Premine ?
Dev fee/rewards ?
Pre-sale ?
Wallet ?
Roadmap ?
Launch date ?
Premine ?
Dev fee/rewards ?
Pre-sale ?
Wallet ?
Roadmap ?
Launch date ?
May 31, 2022, 09:44:38 AM
What is Zeeka?
In simplest words, Zeeka (ℤ) is a cryptocurrency which aims to provide a light and scalable blockchain by extensively using the help of Zero-Knowledge proof technology.
For detailed technical information, read the Zeeka Whitepaper! Also, we are actively developing the Zeeka project. Follow us on GitHub!
Website: https://zeeka.io
Whitepaper: https://hackmd.io/@keyvank/zeeka
GitHub: https://github.com/zeeka-network
Discord: https://discord.gg/4gbf9gZh8H
Huh? Zero-Knowledge proofs? 🤔
A Zero-Knowledge protocol is a crytographic method by which someone can prove that they know the answer of a problem without actually revealing it. A very good example of an interactive Zero-Knowledge proof is provided below:
- Suppose Alice is blindfolded and has two balls in her hands. Bob, who is able to see the balls, claims that the balls are different in colors. Alice doesn't trust Bob. How can Bob convince Alice that the balls have different colors (The problem), without uncovering Alice's eyes (Revealing the answer)?
Here is what Alice does:
She first hides the balls behind her back.
She shuffles the balls with a 50% chance.
She shows back the balls to Bob, and ask him: - Did I shuffle the balls?
If the balls are really different in colors, Bob would give Alice the correct answer. If he can't distinguish their colors, he still can give Alice a random answer, and his answer can still be correct. But the chances of giving a correct answer is 50%.
Alice repeats the procedure for 20 times. If the balls have same colors, the chances of Bob giving the correct answer all the 20 times is (1/2)^20 (Around 0.000001%). The probability is so tiny that Alice can conclude that Bob is really able to distinguish between the balls, leading to the conclusion that they really have different colors.
What are you trying to prove? 😐
Suppose there is a novel payment system that consists of a merkle tree in which every leaf represents an account (A public key and a balance). We define the state of the system as the merkle root of this tree.
We want to prove a big set of transactions have happened, changing the state of the system from A to B (The problem), without showing the transactions (The answer).
Now, here is the mind blowing fact:
The proof that you provide is constant in size, no matter how big the answer is. E.g the answer can be millions of transactions, but you don't need to show them for the state transition to happen. A constant sized proof is enough to convince everyone that the state transition is valid! 🤯
Ehmmm, Ethereum already has this with zkRollups? 🙄
You got us! But hey, there is a big difference. In zkRollups, there is a centeralized operator, constantly publishing Zero-Knowledge proofs on the main chain, and in case the operator stops doing this (I.e gets unavailable), the chain will roll back to a previous state, from which some other operator is able to build on. This is a huge amount of complexity.
Blockchains like Ethereum/Bitcoin, enforce data-availability of the chain history, and not a SNARK state. Zeeka nodes and validators are implemented in a way to only accept forks that reveal the chain state of their last block, meaning that they will check if the hash of the provided state results in the state-hash submitted on the last block. This mechanism makes sure that the compressed state of the last block is always available. A longer subchain that its tip state is not available, worths nothing and is not accepted by the network. This removes the mentioned complexities by a great deal and creates room for some creativity as well.
Okay, how are you going to handle smart-contracts? 😉
The equivalent of a Smart Contract in Zeeka blockchain is a Zero Contract. The contracts in Zeeka blockchain are not written for a specific virtual-machine (Like EVM), but written in R1CS (Which is the building block of zkSNARK circuits).
In this scheme, the programmer uploads the verifying keys of his R1CS contract (Which can consist of multiple circuits) on the blockchain and people could easily invoke these circuits and move from one state into another with a single small transaction (Which could be a compressed version of thausands of transactions).
How can I be a part of this? ❤️
Follow us on GitHub! Contribute to the project either by coding or promoting it. 💸 Investments are also welcome. Keep in touch with me on Telegram
@keyvankambakhsh
In simplest words, Zeeka (ℤ) is a cryptocurrency which aims to provide a light and scalable blockchain by extensively using the help of Zero-Knowledge proof technology.
For detailed technical information, read the Zeeka Whitepaper! Also, we are actively developing the Zeeka project. Follow us on GitHub!
Website: https://zeeka.io
Whitepaper: https://hackmd.io/@keyvank/zeeka
GitHub: https://github.com/zeeka-network
Discord: https://discord.gg/4gbf9gZh8H
Huh? Zero-Knowledge proofs? 🤔
A Zero-Knowledge protocol is a crytographic method by which someone can prove that they know the answer of a problem without actually revealing it. A very good example of an interactive Zero-Knowledge proof is provided below:
- Suppose Alice is blindfolded and has two balls in her hands. Bob, who is able to see the balls, claims that the balls are different in colors. Alice doesn't trust Bob. How can Bob convince Alice that the balls have different colors (The problem), without uncovering Alice's eyes (Revealing the answer)?
Here is what Alice does:
She first hides the balls behind her back.
She shuffles the balls with a 50% chance.
She shows back the balls to Bob, and ask him: - Did I shuffle the balls?
If the balls are really different in colors, Bob would give Alice the correct answer. If he can't distinguish their colors, he still can give Alice a random answer, and his answer can still be correct. But the chances of giving a correct answer is 50%.
Alice repeats the procedure for 20 times. If the balls have same colors, the chances of Bob giving the correct answer all the 20 times is (1/2)^20 (Around 0.000001%). The probability is so tiny that Alice can conclude that Bob is really able to distinguish between the balls, leading to the conclusion that they really have different colors.
What are you trying to prove? 😐
Suppose there is a novel payment system that consists of a merkle tree in which every leaf represents an account (A public key and a balance). We define the state of the system as the merkle root of this tree.
We want to prove a big set of transactions have happened, changing the state of the system from A to B (The problem), without showing the transactions (The answer).
Now, here is the mind blowing fact:
The proof that you provide is constant in size, no matter how big the answer is. E.g the answer can be millions of transactions, but you don't need to show them for the state transition to happen. A constant sized proof is enough to convince everyone that the state transition is valid! 🤯
Ehmmm, Ethereum already has this with zkRollups? 🙄
You got us! But hey, there is a big difference. In zkRollups, there is a centeralized operator, constantly publishing Zero-Knowledge proofs on the main chain, and in case the operator stops doing this (I.e gets unavailable), the chain will roll back to a previous state, from which some other operator is able to build on. This is a huge amount of complexity.
Blockchains like Ethereum/Bitcoin, enforce data-availability of the chain history, and not a SNARK state. Zeeka nodes and validators are implemented in a way to only accept forks that reveal the chain state of their last block, meaning that they will check if the hash of the provided state results in the state-hash submitted on the last block. This mechanism makes sure that the compressed state of the last block is always available. A longer subchain that its tip state is not available, worths nothing and is not accepted by the network. This removes the mentioned complexities by a great deal and creates room for some creativity as well.
Okay, how are you going to handle smart-contracts? 😉
The equivalent of a Smart Contract in Zeeka blockchain is a Zero Contract. The contracts in Zeeka blockchain are not written for a specific virtual-machine (Like EVM), but written in R1CS (Which is the building block of zkSNARK circuits).
In this scheme, the programmer uploads the verifying keys of his R1CS contract (Which can consist of multiple circuits) on the blockchain and people could easily invoke these circuits and move from one state into another with a single small transaction (Which could be a compressed version of thausands of transactions).
How can I be a part of this? ❤️
Follow us on GitHub! Contribute to the project either by coding or promoting it. 💸 Investments are also welcome. Keep in touch with me on Telegram
@keyvankambakhsh Jump to: