Zero Knowledge Proof Protocol

topic on 1 show · 2 statements across 1 episodes

the a16z Podcast

2 statements about Zero Knowledge Proof Protocol, every show

a16z Insight
Verifying 1% of balances exposes corrupt crypto exchanges
“It's enough to, say, one percent of the customers check, If the exchange cheats and actually does not include people's obligations, you know, if a small number of fraction of the, ah, ah, customers actually check that the proof is valid, a, ah, a corrupt excha…”
Dan Boneh Jul 28, 2017 ▶ 9:58 Dan Boneh
a16z What-if
Mt. Gox insolvency would have been detected earlier with ZK proofs
“If Mt. Gox had run this protocol, their problems would have been detected much earlier than they were.”
Dan Boneh Jul 28, 2017 ▶ 7:17 Dan Boneh

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