Thread by @vedangvatsa

🔒 Understanding Zero Knowledge Proofs: A thread

🤔 Have you ever wondered how you can prove you know something without revealing any information about it? This is where zero-knowledge proofs come into play!

Continue reading👇👇👇

1️⃣ Zero-knowledge proofs are a type of #cryptographic protocol that allows you to prove knowledge of something without actually revealing the info itself.

This is done by using complex mathematical #algorithms to check the validity of a claim without learning about its info.

2️⃣ One common use case for zero-knowledge proofs is in password authentication.

Instead of sending your actual #password to a server, which could be intercepted by an attacker, a zero-knowledge proof can be used to prove that you know your password without revealing what it is.

3️⃣ Another common use case for zero-knowledge proofs is in #blockchain.

A zero-knowledge proof can be used to prove that a transaction is valid, without revealing any of the details about the transaction - thereby maintaining #privacy & security of blockchain transactions.

4️⃣ Zero knowledge proofs can also be used to prove ownership of a particular piece of data or asset, without revealing any identifying information about the owner.

This can be useful when the owner wants to maintain #anonymity but still needs to prove ownership.

5️⃣ While ZKPs are incredibly powerful tools in protecting sensitive data and maintaining #privacy, they are also difficult to implement.

It takes expertise and resources to develop and deploy #ZKP systems, which is why they are not yet widely used in many industries.

🔍 Zero knowledge proofs are an exciting and powerful tool in the world of #cryptography and data #security.

ZKPs have the potential to transform the way we protect sensitive data and maintain #privacy in the digital age. 🚀

RT:

https://twitter.com/vedangvatsa/status/1641949874496360448