As per BitcoinWorld, Ethereum developers are building a ZK-based Secret Santa system to enhance privacy on the blockchain. The system uses Zero-Knowledge (ZK) proofs to verify gift exchanges without revealing identities, serving as a testbed for broader privacy applications. The project aims to introduce on-chain anonymity and Sybil resistance, potentially enabling private voting, airdrops, and confidential transactions. The system is currently in the development phase and not yet publicly available.
Ethereum Developers Build ZK-Based Secret Santa System to Enhance Privacy
BitcoinWorldShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.