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May 11, 2022 19 tweets 7 min read Read on X
#Blockchain space has seen a lot of progress in the past decade.

But its goal to be a decentralized financial platform, empowering billions of people is not yet a reality

But there is one piece of tech that could scale blockchains to achieve this

Let's talk about zk-Proof 🧵👇 Image
zk-Proof (ZKP) is a cryptographic technique which was proposed by MIT researchers—Silvio Micali, Shafi Goldwasser, and Charles Rackoff—in the 1980s.

Micali along with Goldwasser later received the “Turing award” for their outstanding contributions in the field of #cryptography. Image
So what is a zero-knowledge proof?

It is a cryptographic technique

- where one party (The Prover) can prove that a specific statement is true to the other party (The Verifier)
- without disclosing any additional information
- apart from the fact that the statement is true
Think about it!

You are looking for an apartment in New York city

Your landlord wants to know if you have a regular & sufficient income to pay the rent of that apartment

It should be possible to prove you have an adequate income, without revealing any financial information.
Let's break down how ZKPs work, with the help of “where is waldo puzzle”

Waldo is the small figure present in the kid’s puzzle book where each page is a crowd of different characters

The idea is to find Waldo and he is equally likely to be at any location in the puzzle Image
There are two characters here:

• Alice (the Prover)
• Bob (the verifier)

Alice and Bob are playing “Where's Waldo”

Just after the game started Alice claims that she found Waldo

Bob asks to prove her claim because he doesn't want to be fooled by Alice. Image
Alice wants to prove her claim, but she certainly doesn't want to give away the exact position of Waldo to Bob

So Alice comes up with this simple zero-knowledge proof!
She finds an opaque piece of card that is at least twice the height & twice the width of the Where’s Waldo puzzle.

She then cuts a Waldo shaped hole right in the middle of the card.

The hole has the exact size of Waldo so that it reveals just Waldo, but nothing else. Image
So through this method (ZKP),

Alice “the Prover” has been able to convince Bob “the Verifier” that she knows the where Waldo is

while revealing no further information about Waldo’s location

beyond what Bob already knew Image
With the definition being cleared, let's look at the fundamental characteristics of ZKPs

The proof provided by Alice is considered as zero-knowledge when it satisfies the three fundamental properties of a zk-Proof, which are:

• Completeness
• Soundness
• Zero-knowledge Image
• Completeness: if the statement is true, Bob will be convinced of this fact by Alice

• Soundness: if the statement is false, Alice can't convince Bob it's true

• Zero-knowledge: if the statement is true, Bob learns nothing more than the fact that Alice knows where Waldo is
In the context of computation,

ZKPs are constructed on top of computational problems, which belong to the complexity class “NP-Complete”

In simple words,

a problem is considered NP-complete when
if you have a solution to the problem, it is computationally easy to verify it Image
So let's look at a real-world example where ZKP could actually be used!

The right to Privacy should be a fundamental right in this day and age

And Privacy is an important use case of ZKP

so let's have a look at, how privacy-preserving credentials based on ZKPs work Image
Credentials are a part of our daily lives: Driver's licenses, University degrees, Passports, etc.

Verifiable credentials (VC) are tamper-proof credentials that can be verified cryptographically

To implement self-sovereign identity (SSI) and to protect your data Image
ZKP enabled verifiable credentials allows

• to selectively disclose claims
• without disclosing all of the information of the verifiable credential

It also possible to verify data without having to share the sensitive data required to verify something

This is how it works 👇 Image
So what are the main use cases of ZKPs?

1. Blockchain:
introduces more privacy as well as scalability (zk-Rollups) to public blockchains

2. Online voting:
allows voters to vote anonymously and to verify that their vote was included in the final tally
3. Authentication:
allows to authenticate users without exchanging secret information such as passwords

4. Machine Learning (ML):
allows the owner of a ML algorithm to convince others about the results of the model without revealing any information about the ML model itself
TL;DR :-

• A zero-knowledge proof (ZKP) is a cryptographical technique to verify the truth of information without revealing the information itself

• it can be used to protect data privacy in a diverse set of use cases

• And brings scalability to Blockchains via zk-Rollups
.@orbisproject is the 1st project engaged in building zk-Rollups on #Cardano ⚡️

✍️ We focus a part of our work on informing #CardanoCommunity regarding necessity of L2-scaling & zk-Rollups

So, expect weekly Twitter threads on L2-scalability & the technology that enables it. 🔮

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More from @orbisproject

Nov 24, 2022
Hey all of

Unfortunately due to constrained funding and uncertain conditions, Orbis Labs is unable to continue building and the project as come to a halt. This is unfortunate given the amazoing research and work that has been produced.
The NFT has been halted until further notice when a continuation plan is set out for the core zk-rollup solution. We as a team will we will do what is necessary for investors and community members to be made whole going forward.
This was an unexpected result due to committed investors very recently pulling out of the project and recent events in the crypto space which affected Orbis directly.
Read 5 tweets
Aug 17, 2022
There's a general consensus in the #Blockchain industry about the long-term viability of L2 scaling solutions...

#Bitcoin embraced lightning network

#Ethereum & #Tezos embraced rollups

And #Cardano focuses on Hydra

A thread on #Hydra & how it measures up to a zk-rollup: 🧵👇 Image
If you look at the broader #blockchain landscape

#Cardano is more similar to #Bitcoin

than to any other #blockchain out there

• Ledger models (UTxO & E-UTxO)
• L2 scaling approach (Lightning & Hydra)
• A similar approach to "Inclusive accountability"
Basically,

#Cardano aspires to be a better #Bitcoin, offering smart contract capabilities

Without compromising on the basic principles #Satoshi believed in

So let's take a look at the scaling approach of #Cardano through Hydra
Read 28 tweets
Aug 10, 2022
A mission-critical financial application must be safe & secure.

When the #Crypto industry goes through multi-million dollar hacks,

building a robust financial platform has been the core driving principle of #Cardano

So here's a thread on Functional Programming: 🧵👇 Image
The public blockchain sphere has been growing rapidly over the past decade

If we reflect on that growth,

it has mainly been on the valuation side of things

and not that much on the utility or user side of things

So why is it that way?
One of the reasons for this lack of growth in utility is the lagging scalability

But there is another elephant in the room, which most don't address

This is the lack of a secure programming environment for the #dApps

and the rest of the #blockchain infrastructure
Read 26 tweets
Jul 27, 2022
#Bitcoin gave us the first glimpse into the future of sound money

#Ethereum showed us how to program money

#Cardano showed us how to program money securely with functional programming

Orbis is showing us how to scale #Cardano

Here's a thread on Rollup-Centric Future: 🧵👇
Currently,

there is no single #Blockchain in existence that can accommodate the financial traffic of the entire world

And there will never be such a blockchain

because it's practically impossible

due to the limited block space, any blockchain can offer
But can there be a blockchain

that could be the settlement layer to most of the financial traffic of the world?

This is possible and this is where we are heading as an industry

The only question is, 

Which blockchain is going to be the major settlement layer of the world?
Read 26 tweets
Jul 20, 2022
We are now going through a very defining period in the history of blockchains

where the era of monolithic blockchains is ending and

the era of modular blockchains is starting

marking the first step towards mass adoption!

🧵 A thread on Consensus mechanisms: 👇 Image
Since the inception of #Bitcoin,

the blockchain industry only had monolithic blockchains

where one #blockchain is designed to not outsource components to external networks

and is burdened with too many tasks to perform Image
In a monolithic #blockchain

The #consensus & execution functions are bundled into one layer

And a smart contract is then built on this bundled layer

The users are bound within one execution environment

This limits the potential to optimize & specialize for specific use cases
Read 24 tweets
Jul 6, 2022
Solving blockchain trilemma is the holy grail of #crypto

Mass adoption won't happen if a #Blockchain cannot scale WITHOUT compromising #decentralization

Orbis provides a key piece to #Cardano in solving this puzzle

🧵 Here's a thread on Blockchain Trilemma: 👇
The blockchain trilemma is a term coined by Vitalik Buterin

To address the trade-offs developers of #blockchain must make

To achieve scalability

As we see very often in the #Blockchain space, developers are forced to sacrifice one ‘aspect’ for the sake of the other two
The root of the blockchain trilemma lies in the fact that

the underlying structure of decentralized networks

comes with unique challenges when compared to centralized networks

Researchers recognized these challenges way before #Bitcoin was invented

& formulated "CAP Theorem"
Read 32 tweets

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