Zero-knowledge proofs (ZKPs) enhance blockchain privacy by allowing transaction validation without revealing sensitive data. Used by $ZEC
Zcash (ZEC), ZKPs prove a transaction’s validity while hiding sender, receiver, and amount, ensuring confidentiality. Ethereum $ETH
(ETH) integrates ZKPs in layer-2 solutions like zkRollups, boosting privacy and scalability. Monero (XMR) employs similar cryptographic techniques for untraceable transactions. Unlike public blockchains, where data is transparent, ZKPs enable private transactions, critical for financial or personal data. However, ZKPs increase computational complexity, potentially raising costs or slowing transactions. ZEC’s shielded transactions, for instance, are optional due to processing demands. ETH’s zkRollups mitigate this by batching transactions, while XMR’s privacy-first approach prioritizes anonymity over speed. ZKPs balance privacy with trust, but implementation errors can compromise security. As privacy concerns grow, ZKPs are vital for user-centric blockchains. $HYPER
