Presentation Slides Download: https://ethereumfoundation.org/devcon/?session=zcash-private-transactions-on-a-public-blockchain
Devcon2: Zcash + Ethereum = ? Speaker: Zooko Wilcox
This presentation focuses on how Zcash makes use of zero-knowledge proofs so as to add non-public transactions to a public blockchain, and the way Zcash and Ethereum will develop collectively.
Zcash is a brand new cryptocurrency that gives non-public transactions — the sender’s and receiver’s addresses will not be publicly seen within the blockchain, neither is the quantity transferred.
Zcash posts that non-public info to the blockchain in encrypted kind, and makes use of zero-knowledge proofs to cryptographically assure the validity of transactions with out exposing the non-public info.
This leads to “Selective Transparency”. It’s not all-dark-all-the-time — it’s that every encrypted transaction within the blockchain will be revealed by its creator to chose third events.
Zcash is developed by a VC-funded, extremely expert improvement crew and a widespread and lively open supply neighborhood. There are three paths ahead for integrating Ethereum’s programmability with Zcash’s privateness. The Zcash crew is actively contributing to all three paths.
1. Programmable Zcash — add Ethereum-style programmability to the Zcash blockchain
2. Private Ethereum — add Zcash-style privateness to the Ethereum blockchain
3. Project Alchemy — interoperation between the Ethereum and Zcash
Ethereum Developer Conference, 2016 September 19 – 21, Shanghai, China
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