ZK is actually very common, some of the L2 has implemented it, it just that, most of these L2 blockchains like to milk the community, as a result, the blockchain become unpopular, some people deliberately avoiding these blockchain just because they got mad.
it was ZKsync, now i'm sure if Scroll somehow flops hard, people will avoid scroll.
truth is, people don't really care about ZK, optimistic rollup is still the most used so far as I know. so, moving forward, I expect there will be some utilization of ZK technology but I don't expect it to be massive.
Topic: How common is the zero-knowledge proof concept? (Read 103 times)
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I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues, but how well do you think people will cope with this way of making faster and safer transactions?
ZK rollups provide tangible benefits in the form of transaction throughput and data confidentiality, these L2 solutions are more of a foundational technology than a fleeting trend. Just look at scroll, I’ve been farming for a while now. I’m impressed with the work, and I think they’re really stepping up their game. It would be much better if they expanded to the Bitcoin ecosystem to stand out and leverage some of the features there. But we will see what will happen after the airdrop is completed as they are already on BItget’s pre market. Thou, i believe it will disappear after everyone milks it.
Now they're are on ETH and want to build a new layer on it, seems they're serious cos I've seen the top 5 exchanges announce listing like this
. This is giving me ENA vibes.. I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues, but how well do you think people will cope with this way of making faster and safer transactions?
ZK rollups provide tangible benefits in the form of transaction throughput and data confidentiality, these L2 solutions are more of a foundational technology than a fleeting trend. Just look at scroll, I’ve been farming for a while now. I’m impressed with the work, and I think they’re really stepping up their game. It would be much better if they expanded to the Bitcoin ecosystem to stand out and leverage some of the features there. But we will see what will happen after the airdrop is completed as they are already on BItget’s pre market. Thou, i believe it will disappear after everyone milks it.
I don’t think it is that common. Applications of ZKPs are not that much applied. I think scroll is one of them right? Maybe it’s because of the complexity is within that Application that not a lot of developers are using that. I know that it has some Computationally intense Right?
I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues, but how well do you think people will cope with this way of making faster and safer transactions?
What do you mean by "common"?And it's not all about transaction speed or eth scaling. There are different kind of Zero-knowledge proof methods, and more ambitious they are, more gas they are gonna spend. So this is a balance between scalability and real world use cases. Just sending confidential tokens or coins isn't' costly, but anything that would be actually revolutionary tech isn't going to be cheap.
Like for example the idea of confidential smart contracts, which could technically solve the issue of stolen KYC info. That could also mean decentralized identity, and easy proxy voting, which are some real world use cases that people been hyping blockchain tech being good for.
But there are lots of legal hurdles in the way, and current blockchains weren't really made to accommodate the real world regulations. So using any existing decentralized blockchain tech in voting for example, is near impossible without serious rebuilding it from the scratch.
Like with decentralized digital identities, there are privacy laws , customer- and data protection laws, on which immutability and transparency are probably clashing with. But if we get these solved in some blockchain, it will be an idea worth more money then we can predict.
I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues, but how well do you think people will cope with this way of making faster and safer transactions?
You raise a quite an important question in the development of blockchain technology it relates to very crucial speed and user experience on the Ethereum blockchain. And, quite possibly, zero-knowledge proofs can do a lot to solve these problems!.
ZK Proof can make both safety and speed much more efficient by allowing transactions to be studied without exposing any data. Innovations such as Scroll are leading in this. Many factors will, however, determine the adoption. More users should further understand the technology and get confident about using it.
This will be important as well to educate people about how ZK evidence works and why in this regard. Its experience for a user has to be seamless. Either adding ZK evidence complicates the process or viewed as too technical, which may hinder its use.
As these technologies mature, I think we'll see ever more tools that will help smooth out the user experience. On the other hand, it doesn't waste evidence from ZK.
I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues,
You said that you are yet to see a wide application of ZK proof, but i think you're totally incorrect here. It's already fully applicable on ethereum network. The Ethereum prover has executed the computation. It did so without revealing the transaction's data. This increased our data security and privacy.
ZK proof aims to increase protocol security. It does this without revealing sensitive transaction data to the prover.
but how well do you think people will cope with this way of making faster and safer transactions?
People behind various L2 based on Zkroll-up have coped it very well. They have already built zk proof blockchain with good scalability. And there's no need to dilute the ecosystem by making as many similar blockchains as possible.
I understand that there are no users on the Ethereum blockchain and we are trying to beat the transaction speed such that it will be as fast as opening the app on your smart phone. But I am yet to see a wide application of zero-knowledge proof which, although I have seen in Scroll and some other tokens, especially the latest ones aiming to solve security and speed issues, but how well do you think people will cope with this way of making faster and safer transactions?
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