ZK Proof

ZK Proof, short for Zero-Knowledge Proof, is a cryptographic technique that allows one party (the prover) to prove to another party (the verifier) the validity of a statement without revealing any additional information. Zero-knowledge proofs are used in blockchain and cryptocurrency systems to ensure privacy, authenticity, and data integrity. They enable the verification of transactions or computations without disclosing the underlying sensitive information. ZK proofs are crucial in privacy-focused cryptocurrencies, enabling users to prove ownership or correctness of transactions without revealing the transaction details.