From 5274f29338439b7d05f18cc37a1439ef426e6711 Mon Sep 17 00:00:00 2001 From: Emmanuel Awosika Date: Fri, 22 Nov 2024 20:38:27 -0500 Subject: [PATCH 1/2] Add EIP-7503 resources to ZKPs page - Added [EIP-7503](https://eips.ethereum.org/EIPS/eip-7503) as an example of a proposed design for Ethereum that will enable anonymous ETH transfers (using zero-knowledge proofs) - Added an article explaining the mechanics of EIP-7503 --- public/content/zero-knowledge-proofs/index.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/public/content/zero-knowledge-proofs/index.md b/public/content/zero-knowledge-proofs/index.md index e33b244b515..fc0039ad358 100644 --- a/public/content/zero-knowledge-proofs/index.md +++ b/public/content/zero-knowledge-proofs/index.md @@ -36,7 +36,7 @@ Cryptocurrencies were intended to provide a means for users to conduct private, There are specific “privacy coins” designed for completely anonymous transactions. Privacy-focused blockchains, such as Zcash and Monero, shield transaction details, including sender/receiver addresses, asset type, quantity, and the transaction timeline. -By baking in zero-knowledge technology into the protocol, privacy-focused [blockchain](/glossary/#blockchain) networks allow [nodes](/glossary/#node) to validate transactions without needing to access transaction data. +By baking in zero-knowledge technology into the protocol, privacy-focused [blockchain](/glossary/#blockchain) networks allow [nodes](/glossary/#node) to validate transactions without needing to access transaction data. [EIP-7503](https://eips.ethereum.org/EIPS/eip-7503) is an example of a proposed design that will enable native private transfers of value on the Ethereum blockchain. Such proposals are, however, difficult to implement due to a mixture of security, regulatory, and UX concerns. **Zero-knowledge proofs are also being applied to anonymizing transactions on public blockchains**. An example is Tornado Cash, a decentralized, non-custodial service that allows users to conduct private transactions on Ethereum. Tornado Cash uses zero-knowledge proofs to obfuscate transaction details and guarantee financial privacy. Unfortunately, because these are "opt-in" privacy tools they are associated with illicit activity. To overcome this, privacy has to eventually become the default on public blockchains. @@ -211,4 +211,4 @@ ZK-STARK is considered immune to the threat of quantum computing, as it only rel - [ZK-STARKs — Create Verifiable Trust, even against Quantum Computers](https://medium.com/coinmonks/zk-starks-create-verifiable-trust-even-against-quantum-computers-dd9c6a2bb13d) — _Adam Luciano_ - [An approximate introduction to how zk-SNARKs are possible](https://vitalik.eth.limo/general/2021/01/26/snarks.html) — _Vitalik Buterin_ - [Why Zero Knowledge Proofs (ZKPs) is a Game Changer for Self-Sovereign Identity](https://frankiefab.hashnode.dev/why-zero-knowledge-proofs-zkps-is-a-game-changer-for-self-sovereign-identity) — _Franklin Ohaegbulam_ - +- [EIP-7503 Explained: Enabling Private Transfers On Ethereum With ZK Proofs](https://research.2077.xyz/eip-7503-Zero-Knowledge-Wormholes) — _Emmanuel Awosika_ From 7e2d0cff628f36049183b124f73325f01901f788 Mon Sep 17 00:00:00 2001 From: Corwin Smith Date: Thu, 6 Feb 2025 14:53:38 -0700 Subject: [PATCH 2/2] Update public/content/zero-knowledge-proofs/index.md --- public/content/zero-knowledge-proofs/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/public/content/zero-knowledge-proofs/index.md b/public/content/zero-knowledge-proofs/index.md index fc0039ad358..6a522874043 100644 --- a/public/content/zero-knowledge-proofs/index.md +++ b/public/content/zero-knowledge-proofs/index.md @@ -211,4 +211,4 @@ ZK-STARK is considered immune to the threat of quantum computing, as it only rel - [ZK-STARKs — Create Verifiable Trust, even against Quantum Computers](https://medium.com/coinmonks/zk-starks-create-verifiable-trust-even-against-quantum-computers-dd9c6a2bb13d) — _Adam Luciano_ - [An approximate introduction to how zk-SNARKs are possible](https://vitalik.eth.limo/general/2021/01/26/snarks.html) — _Vitalik Buterin_ - [Why Zero Knowledge Proofs (ZKPs) is a Game Changer for Self-Sovereign Identity](https://frankiefab.hashnode.dev/why-zero-knowledge-proofs-zkps-is-a-game-changer-for-self-sovereign-identity) — _Franklin Ohaegbulam_ -- [EIP-7503 Explained: Enabling Private Transfers On Ethereum With ZK Proofs](https://research.2077.xyz/eip-7503-Zero-Knowledge-Wormholes) — _Emmanuel Awosika_ +- [EIP-7503 Explained: Enabling Private Transfers On Ethereum With ZK Proofs](https://research.2077.xyz/eip-7503-zero-knowledge-wormholes-for-private-ethereum-transactions#introduction) — _Emmanuel Awosika_