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Zero-knowledge proofs (ZKPs) like SNARKs and STARKs are transforming blockchain scalability. These cryptographic methods enable higher transaction throughput but differ in security and efficiency. Startups like zkSync and StarkEx are leveraging ZKPs to solve blockchain’s biggest challenges.
- SNARKs require a trusted setup ceremony, enhancing security through multi-party participation, whereas STARKs eliminate this need entirely.
- STARKs are more resistant to quantum computing threats but generate larger proofs, requiring more verification time compared to SNARKs.
- Projects like zkSync and Loopring leverage these ZKPs, with zkSync using universal trusted setups to avoid repeated ceremonies.
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