What is zk-SNARKs? An Introduction to this Privacy Protocol

BitcoinZ: A community gift to the world.

BitcoinZ, a cryptocurrency based on bitcoin + zkSNARKs
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The Onion snarks bitcoin

The Onion snarks bitcoin submitted by zute to Bitcoin [link] [comments]

There are tons of ways to get free Bitcoin. Join @ck_SNARKs as he teaches you the insider tricks to growing your BTC stash. This webinar is sure to increase your profits. This Wednesday at 4pm ET / 1pm PT. (x-post from /r/Bitcoin)

There are tons of ways to get free Bitcoin. Join @ck_SNARKs as he teaches you the insider tricks to growing your BTC stash. This webinar is sure to increase your profits. This Wednesday at 4pm ET / 1pm PT. (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Join Bitcoin Magazine's multi-media editor Ck SNARKs as he teaches you the Bitcoin insider tips and tricks to stack as many FREE sats as you can. (x-post from /r/Bitcoin)

Join Bitcoin Magazine's multi-media editor Ck SNARKs as he teaches you the Bitcoin insider tips and tricks to stack as many FREE sats as you can. (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

SNARKs and the future of blockchains – Aggregated Witness Data and Fast IBD through NIWA (x-post from /r/Bitcoin)

SNARKs and the future of blockchains – Aggregated Witness Data and Fast IBD through NIWA (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Are shitcoins just a convenient smokescreen which keeps governments and regulated distracted from Bitcoin? This has to be the most memorable and controversial part of this season 3 finale with Christian (@ck_SNARKs on Twitter).

Are shitcoins just a convenient smokescreen which keeps governments and regulated distracted from Bitcoin? This has to be the most memorable and controversial part of this season 3 finale with Christian (@ck_SNARKs on Twitter). submitted by VampireVlad to Bitcoin [link] [comments]

Interview with new Blockstream researcher Sanket Kanjalkar – PoS flaws, SNARKs, Miniscript, Simplicity & Taproot activation – Unhashed Podcast (x-post from /r/Bitcoin)

Interview with new Blockstream researcher Sanket Kanjalkar – PoS flaws, SNARKs, Miniscript, Simplicity & Taproot activation – Unhashed Podcast (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Are shitcoins just a convenient smokescreen which keeps governments and regulated distracted from Bitcoin? This has to be the most memorable and controversial part of this season 3 finale with Christian (@ck_SNARKs on Twitter). (x-post from /r/Bitcoin)

Are shitcoins just a convenient smokescreen which keeps governments and regulated distracted from Bitcoin? This has to be the most memorable and controversial part of this season 3 finale with Christian (@ck_SNARKs on Twitter). (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

The Evolution and Natural Selection of Exchanges Points to 5 Key Features - Decentralization, Privacy, Interface, Governance, Liquidity - Resistance DEX

The Evolution and Natural Selection of Exchanges Points to 5 Key Features - Decentralization, Privacy, Interface, Governance, Liquidity - Resistance DEX
Decentralization - Increases Security and Accessibility + Throughput (dependent on model)
Privacy - Promotes Autonomy against Central Forces, Freedom, and Liberty in market participation
Interface - Usability from UI/UX Standpoint
Governance - Security, Market Fairness, Community and Platform Evolution
Liquidity - Volume. None of the above will help without liquidity
Though these are just a number of characteristics that i find critical for exchanges to evolve as we're coming to an age of tighter regulation and the increasing risks apparent in centralized exchanges. This is a purely opinionated piece which i'd like to pair with the recent article released by Resistance on it's Overview.

The Resistance Decentralized Exchange

ResDEX uses the Resistance privacy coin as an intermediary in private trades and implements many additional technologies, including Tor support, instant swaps, an extremely user-friendly graphical interface, and more.
https://preview.redd.it/vkkz3tq1hig21.png?width=1000&format=png&auto=webp&s=7a96256638a895a2db79c9ac7cca03f46594bcff

Liquidity Solved

ResDEX has dedicated market makers who ensure liquidity stays high on the exchange and users can perform trades quickly at competitive prices (Huobi & XRP). Anyone can become a market maker on ResDEX and provide liquidity to the market. As an added bonus, makers don’t pay fees on ResDEX. The ResDEX exchange fee (0.15%) is paid by the taker and used to support the platform, fund market making, and donate to privacy projects voted for by the community.
https://i.redd.it/cksyv4qchig21.gif

Add Privacy Features to Any Coin

As an added feature, users can add privacy to almost any cryptocurrency, including Bitcoin, even if that currency doesn’t support private transactions natively. By harnessing the power of the Resistance privacy-oriented blockchain, ResDEX will automatically trade the coin of your choice to RES and send RES in place of the original currency, thereby adding privacy to the trade.
Users can also utilize the same trading mechanism to add privacy to a non-private cryptocurrency by automatically trading to RES and then trading back to the original cryptocurrency.
https://i.redd.it/7b1n4h5zhig21.gif

Utilizing ZK Snarks

Bitcoin is not fungible because it does not provide users with sufficient privacy and anonymity. The transaction history of every Bitcoin is publicly available for anyone to scrutinize. Centralized exchanges like Coinbase, for example, will in some cases block funds based on your coins’ past transactions.
With zk-SNARKs, a form of zero-knowledge proof used to facilitate private transactions on the Resistance blockchain, it’s possible for RES to have no public record or history. If users choose to send a coin through a private transaction, its history is essentially erased.
https://i.redd.it/w9c0w1e4iig21.gif

Democratized Mining (Introducing yespower)

Just like Bitcoin and Litecoin, the Resistance blockchain itself is built upon a fast cryptographic hash for performance. Resistance also utilizes yespower as a separate Proof of Work hash, in the same way that Litecoin uses scrypt. Specifically designed for CPU mining, yespower is a hashing algorithm based on scrypt and the newer yescrypt.
It favors the standard CPUs you’ll find in regular laptop and desktop computers and offers no benefit to FPGAs or ASICs. This means anyone can mine on the Resistance blockchain without the high-spec mining rigs that are required to mine Bitcoin, Ethereum, and many other cryptocurrencies.

More on Privacy - TOR Routing - Supporting the Community

Note that everyone can choose to use onion routing through the TOR NETWORK to hide their ip when making transactions. This really reinforces their whole privacy aspect of the exchange.
It was also announced on their Telegram that they are going to run a program where the COMMUNITY VOTES FOR ONE PRIVACY COMMUNITY TO BE ALLOCATED 15% of ALL EXCHANGE FEES TO BE SUPPORTED.
At times like these, especially in a bear market, I hope to see more collaboration among projects because we are nothing but islands upon islands of dispersed communities that would gain more working in sync.
Resistance is a project i'm curious to see challenge the status quo, along with Binance DEX as CZ also claims that DEX's are the future. Will the traditional Centralized Exchanges die out? I don't think so. But I'd rather opt for a decentralized solution.
Information was taken from the Resistance Release Article
https://medium.com/resistanceio/an-introduction-to-resistance-resdex-109c47b4ee27

submitted by AnchorEdward to CryptoCurrency [link] [comments]

Zec vs Zencash

Both are zk-snarks, bitcoin-based but Zencash has 5000+ secure nodes, more wallets, including mobile. Broader reach of applications, publications, chat, domains etc. Also working with IOHK(ref:Cardano) for exponential scaling of txs. Also bringing in a voting structure for dao funds, project direction etc.
As an investor in both I'm struggling to understand why Zec isn't smashing the underdog Zen in development.
Intro to zencash, if unfamiliar: https://youtu.be/LxyYshDsfro
submitted by TheNewEthlite to zec [link] [comments]

Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale

Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale submitted by Ranzware to BitNewsLive [link] [comments]

Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale

Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale submitted by InTheKnow_2016 to mrcryptolive [link] [comments]

Is there a good reason why Bitcoin Cash doesn’t have ZK-snarks?

Seriously I’ve been using ZCash recently and it’s brilliant. We all know Satoshi and Hal wanted to bring anonymity features to Bitcoin. Coin shuffle is lovely but it isn’t shit compared to shielded addresses on ZCash.
Other than maintaining the narrative of “we follow the whitepaper” is there any good reason not to adopt this very cool privacy feature?
Real world it’s way better too. I don’t expose my entire wallet balance when paying staff.
submitted by iwearahoodie to btc [link] [comments]

A Survey of Progress in Succinct Zero Knowledge Proofs: Towards Trustless SNARKs - Ben Fisch @ Scaling Bitcoin 2019

A Survey of Progress in Succinct Zero Knowledge Proofs: Towards Trustless SNARKs - Ben Fisch @ Scaling Bitcoin 2019 submitted by defterade to Monero [link] [comments]

11-08 23:33 - 'New to zk-SNARKs? Here's a curated guide to get started.' (self.Bitcoin) by /u/o1labs removed from /r/Bitcoin within 25-35min

'''
Our team of cryptographers, researchers and engineers reviewed all the resources available on zero knowledge and put together this curated guide, in order of difficulty. If you are new to zero knowledge, or want to go deeper, consider this your curriculum.
Know a great resource we left out? Leave a comment, we'll review it and include it!
[[link]2
'''
New to zk-SNARKs? Here's a curated guide to get started.
Go1dfish undelete link
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Author: o1labs
1: *odap**tocol.com/b**g/zkp*gui*e.*tm* 2: codap*o*oco*.co*/b*og/z*p*gu**e*html]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

10-23 18:54 - 'I think its definitely just server room snark. Not great.' by /u/WillMattWood removed from /r/Bitcoin within 0-8min

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I think its definitely just server room snark. Not great.
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Our cryptographers are still in the thick of it at Tel Aviv Blockchain Week! Catch Ben Fisch tomorrow and Thursday at Scaling Bitcoin, where he's giving the invited talk: "A Survey of Progress in Succinct Zero Knowledge Proofs: Towards Trustless SNARKs".

Our cryptographers are still in the thick of it at Tel Aviv Blockchain Week! Catch Ben Fisch tomorrow and Thursday at Scaling Bitcoin, where he's giving the invited talk: submitted by findoraorg to findora [link] [comments]

Supersonic, polynomial commitment scheme, trustless SNARKs and more. Amazing talk and announcement from our co-founder Ben at Scaling Bitcoin; more details and news to come in the coming month!

Supersonic, polynomial commitment scheme, trustless SNARKs and more. Amazing talk and announcement from our co-founder Ben at Scaling Bitcoin; more details and news to come in the coming month! submitted by findoraorg to findora [link] [comments]

Watch "Bitcoin Private - Community and ZK-snarks Combine" on YouTube

Watch submitted by manolows to BitcoinPrivate [link] [comments]

Bitcoin Private Rebase will put BTCP ahead of ZK-Snarks protocol coins! Great Job BTCP team and keep up the great work!!!!

I must say, I am always impressed with the BTCP team.
The announcement of the Bitcoin Private Rebase shows that the team has not only technically smart people but also diplomatic technically smart people as well.
I feel the rebase will really stick to Bitcoin Private's vision and will eventually surpass Bitcoin Cash because it will have the ability to say, that it (Bitcoin Private) has the most updated Bitcoin Core code with the ability for shielded transactions!
Also, keep in mind that in 2019, Bitcoin Private will be burning unclaimed tokens, and yes, there are a lot because Bitcoin's biggest holdings are in Asia and none (and I mean "NONE") of those exchanges supported the Bitcoin Private fork for their customer accounts!
With that said, I believe at the end of the day, the current circulating supply will be MUCH less than what it is, if the Bitcoin Private team follows through with this!
Lastly, let us not forget the following things to come:
  1. implementation of Shielded Transactions in Electrum wallet
  2. migration to ZK-STARKS away from ZK-SNARKS
In short what this means is now we can have public and private Bitcoin digital assets, something very important for financial companies because they can now easily set up "Dark Pools" for digital assets once this done, just like they have "Dark Pools" for stocks!
That is the best explanation I can give.
All comments are welcomed but I am really proud of the team and will continue to buy more!
Thanks
submitted by ElmerFuddsBlocker to BitcoinPrivate [link] [comments]

Jeff Garzik on Twitter: "Snarking about #ethereum intervention by #bitcoin community is misplaced: BTC saw heavy intervention early in life too."

Jeff Garzik on Twitter: submitted by blockologist to btc [link] [comments]

What are corresponding equivalents to ENS Names, Swarm, Whisper, Zk-Snarks, numerous dApps (Metamask, Token browser, Gnosis...), Casper, Raiden, Sharding... but for Bitcoin?

It's only a question... it doesn't mean I'm a BTC fan (in fact, I'm NOT). Why so many people (BTC maximalists) are stuck with Bitcoin if you can't do all these things with it?
submitted by notsogreedy to ethereum [link] [comments]

02-01 16:23 - 'Zcash all the way. Even Edward Snowden endorses Zr-SNARKS' by /u/panmanjones5 removed from /r/Bitcoin within 408-418min

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Zcash all the way. Even Edward Snowden endorses Zr-SNARKS
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Bitcoin Happy Hour With host @ck_SNARKs and Panelists ... Coin Corner Episode 4 - Zcash and zk-SNARKs Lightning Snacks - Bitcoin Lightning Network Raspberry Pi ... BitcoinTina on Bitcoin Part 1 BITCOIN & Crypto Deception by Shark Tank's Kevin O'Leary - BTC Hash 80 Quintillion - Robinhood UK

Last year, a single large Bitcoin sale knocked 10% off its price. When the next sell-off hits, some of the harshest hedge fund critics of central-bank stimulus might wish for a bailout of their own. zk-SNARKs Explained. Last Updated: 19th December 2018. zk-SNARKs are a novel form of zero-knowledge cryptography that is intended to enhance the privacy of users transacting on the Zcash blockchain. With cryptocurrencies such as Bitcoin, an individual can identify user addresses and track the movement of value between transacting parties on the blockchain. In Bitcoin, transactions are validated by linking the sender address, receiver address, and input and output values on the public blockchain. Zcash uses zk-SNARKs to prove that the conditions for a valid transaction have been satisfied without revealing any crucial information about the addresses or values involved. The sender of a shielded transaction constructs a proof to show that, with ... In addition to the name change, Bitcoin Private will also make use of the original bitcoin blockchain but with a number of changes and upgrades including the implementation of zk-SNARKs. In response to this change, prices for Zclassic exploded and went from around one dollar to nearly $100 at its peak. While Bitcoin Private has not launched yet, owners of Zclassic and Bitcoin will be entitled ... Charles Hoskinson believes that this complex cryptographic technique could have helped avoid the Bitcoin Civil War that led to the formation of Bitcoin Cash. In a Cointelegraph interview, Charles Hoskinson said that in his opinion, recursive snarks could be a solution for the Bitcoin’s scalability problems. Intellectual dishonesty

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Bitcoin Happy Hour With host @ck_SNARKs and Panelists ...

Giuseppe from Bitcoin Private and I discuss the fork, the name, privacy, community, mining, merchant adoption, and much more! Please note that this is NOT a sponsored video. Join the decentralized ... In this Coin Corner I discuss ZCash (ZEC) Cryptocurrency and zk-SNARKs as well as covering the 3 Keys and giving it my Pump Rating! - Please Subscribe to my channel to see my most current videos ... Demonstration of a retrofit of a Crane National 145 Snacktron 1 to accept payments and return change in bitcoins. See my write-up here: http://www.mattwhitlock.com ... - Shark Tank's Kevin O'leary is pulling a smoke and mirrors move on Bitcoin and Crypto.‘Shark Tank’: This app turns your spare change into bitcoin — and Kevin O’Leary invested $100,000 ... Bitcoin Magazine is incredibly excited to present the first of a four part series discussing Bitcoin and how it is interacting with the world from the perspective of BitcoinTina. Part 1 focuses on ...

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