Glossary - ChicksX

Zero-Knowledge Proof is a cryptographic method allowing one party to prove knowledge of information without revealing it.

Zero-Knowledge Proof is a cryptographic technique that enables one party, the prover, to prove to another, the verifier, that they possess specific knowledge without revealing the information itself. This method enhances privacy and security by ensuring sensitive data is not exposed during the verification process. It is particularly useful in scenarios where confidentiality is crucial, like identity verification or secure transactions. Zero-Knowledge Proofs are employed in blockchain and cryptocurrencies to validate transactions without disclosing user details. This ensures both parties can trust the validity of claims without compromising data privacy.