Zero-Knowledge Proof

Mystiko.Network is a next-generation Web3 privacy solution that uses zero-knowledge proof (ZKP) technology to offer secure and efficient privacy protection for users. This article will cover the technical architecture, funding history, and other aspects of Mystiko.Network, and discuss how it is shaping the future of Web3 privacy. As Web3 rapidly evolves, privacy and security concerns are becoming more significant. Zero-knowledge proof (ZK) technology, which verifies information authenticity while maintaining privacy, is gaining importance. Although some blockchain applications currently use ZK technology, they still represent a small part of the Web3 ecosystem. Consequently, several projects like Aztec Network, Iron Fish, Manta Network, and Espresso Systems have emerged to provide a universal ZK foundation layer for Web3. Mystiko.Network is a promising new player in this field.

The intersection of blockchain and machine learning is close, but in decentralized reasoning, balancing cost and trust is a key challenge.

This article provides a detailed proof of Zero-Knowledge Proofs (ZKP).

Zero-Knowledge Proof (ZKP) is an encryption method that allows one party (known as the prover) to prove to another party (known as the verifier) that a statement is true, without revealing any other information. The popular ZKP solutions include zk-SNARKS, zk-STARKS, PLONK, and Bulletproofs. This article will introduce these four types of ZKP solutions and analyze their advantages and disadvantages.

As one of the pioneers in the industry to introduce proof of reserves, Gate.io will adopt the zk-SNARK technology to enhance its proof of reserves, providing users with superior asset security and privacy protection.