Topic: New version of ZeroCoin with 98% smaller proof sizes? (Read 1409 times)
I'm surprised this hasn't gotten more attention considering all of the controversy surrounding CoinValidation and Mike Hearn's redlisting comments. If Zerocoin really is released as its own currency, it could be very bad for Bitcoin's continuing value. This could be Bitcoin's first "make or break" moment where it implements a feature from a competitor or is left behind. This really merits more discussion so I hope it stays bumped.
I found this paper (seemingly from 4 Nov 2013) which describes a reduction from 50KB to 344 bytes
Pinocchio Coin: Building Zerocoin from a Succinct: Pairing-based Proof System
http://www0.cs.ucl.ac.uk/staff/G.Danezis/papers/DanezisFournetKohlweissParno13.pdf
Could this be what he is referring to?
Pinocchio Coin: Building Zerocoin from a Succinct: Pairing-based Proof System
http://www0.cs.ucl.ac.uk/staff/G.Danezis/papers/DanezisFournetKohlweissParno13.pdf
Could this be what he is referring to?
Why not just add it to an existing alt?
Probably because releasing an optimized reference client/chain makes the most sense, technically.
Why not just add it to an existing alt?
https://twitter.com/matthew_d_green/status/401797786347114496
"We designed a new version of Zerocoin that reduces proof sizes by 98% and allows for direct anonymous payments that hide payment amount."
Says they'll release it as an alt in a few months.
"We designed a new version of Zerocoin that reduces proof sizes by 98% and allows for direct anonymous payments that hide payment amount."
Says they'll release it as an alt in a few months.
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