Vitalik Buterin proposes combining zero-knowledge proofs and crypto asset technologies

Source
JH Kim

Summary

  • Vitalik Buterin said he proposed measures to strengthen blockchain security and privacy by combining zero-knowledge (ZK) proofs and various crypto asset technologies.
  • He said a layered architecture combining ZK proofs with multiparty computation (MPC), fully homomorphic encryption (FHE), and trusted execution environments (TEE) could enable building a more powerful privacy solution.
  • Experts evaluated that the proposal could present a new direction for the development of privacy-enhanced smart contracts and security infrastructure technologies within the Ethereum ecosystem.

Vitalik Buterin, co-founder of Ethereum (ETH), proposed combining zero-knowledge (ZK) proofs with other crypto asset (cryptocurrency) technologies to strengthen blockchain security and privacy.

On the 11th (local time), according to crypto asset-focused media CryptoBriefing, Vitalik said a layered architecture that combines ZK proofs with multiparty computation (MPC), fully homomorphic encryption (FHE), trusted execution environments (TEE), and so on can build "a more powerful and verifiable privacy solution."

He specifically cited voting systems as a primary application and emphasized, "ZK technology can achieve both the integrity of votes and the protection of personal information."

Experts say this proposal could present a new direction for the development of privacy-enhanced smart contracts and security infrastructure technologies within the Ethereum ecosystem.

Photo=Shutterstock
Photo=Shutterstock
publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?