What is Zero Knowledge Proof in Cryptography (ZKP) ?

Zero-knowledge proof or zero-knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier) that they know a value x, without conveying any information apart from the fact that they know the value x.

The essence of zero-knowledge proofs is that it is trivial to prove that one possesses knowledge of certain information by simply revealing it; the challenge is to prove such possession without revealing the information itself or any additional information. In simple terms, it helps in maintaining privacy in a data-based world.

A zero-knowledge proof must satisfy three properties...

Completeness : A honest prover will always be able to prove correctness of a true statement.

Soundness : A cheater can never prove a false statement to be correct to an honest verifier.

Zero-knowledge : If the statement is true, no verifier learns anything other than the fact that the statement is true.



You May Interest

What are the Fundamental Stages of Data Warehousing ?

What is Block in Blockchain ?

Difference Between Coin and Token in Cryptocurrency

What is Cryptocurrency Staking?

What is Bitcoin Pizza Day ?