Zero-Knowledge Proof (ZKP)
Definition of what Zero-Knowledge Proof (ZKP) stands for (in finance):
A cryptographic method that allows one party (the prover) to prove to another party (the verifier) that they know a specific piece of information without revealing the information itself. ZKP is widely used in privacy-focused blockchain technologiesâ
More Term Definitions
- Synthetix Definition
- Algorithmic Trading (Algo Trading) Definition
- Gamification Definition
- Governance Definition
- Zombie Bank Definition