| Mobile Web

Search results for ZK

Crypto

Tezos releases testnet for quantum-resistant private payment prototype TzEL

Developers in the Tezos ecosystem have released a private blockchain payment prototype, TzEL, on a testnet to prepare for attacks using quantum computers. The system is designed to protect encrypted transaction data and payment metadata by applying post-quantum cryptography and zk-STARK proofs. TzEL focuses on countering “collect now, decrypt later” attacks. It uses Tezos’ data availability layer to handle large proof sizes.

AI & Enterprise

Coinbase layer2 Base adopts Succinct zero-knowledge technology to enable one-day transaction finality

Coinbase-led Ethereum layer2 network Base is working with zero-knowledge technology provider Succinct to strengthen security, The Block reported on Sunday. Base will add Succinct’s SP1 zero-knowledge virtual machine and a trusted execution environment. Base currently runs as an optimistic rollup, which relies on a challenge period that can last days. Base said the integration can replace that period with cryptographic finality, achieving one-day finality.

Crypto

XRP Ledger to add native zero-knowledge proof verification

XRP Ledger (XRPL) plans to natively support zero-knowledge proof verification. It has added a foundation to secure privacy required by institutions on public blockchains by linking with the zero-knowledge proof network Boundless. The move targets constraints that have hindered financial institutions from using public blockchains, where transaction flows and counterparties are exposed. XRPL aims to verify validity, funding and compliance while keeping amounts, senders and recipients off the public ledger.