Ethereum (ETH) founder Vitalik Buterin has suggested that in the next decade, zero-knowledge proof (zk-SNARK) systems will be as important as blockchains.
Vitalik Buterin on May 21 At the Ethereum Community Development Conference (EDCON) made in speechEthereum to technical difficulties mentioned. Scalability, security And security Emphasizing the problems of Buterin, zk-SNARKs in the next 10 years blockchains much important said it would.
Many times in the past to zk-SNARKs The founder mentioned that this system, which carries out its activities without the need for any proof of knowledge, could be a solution to the problems of the Ethereum blockchain. Buterin, without using proof of knowledge user security And your privacy system that prioritizes blockchains thinks it will be just as important.
In a recent article by Buterin, high costs caused by various technical problems such as obstacles because zk-SNARKs are not yet is not available had mentioned. Also CEO of Binance Changpeng Zhao (CZ), recently zk-SNARK systems of the stock market proof of reserve system integrated had announced.