This is a very decent, non-technical overview of the core idea of zero-knowledge proofs.
Most verification today is over-disclosure by default.
Zero-knowledge proofs decouple proof from disclosure. They let an entity prove that a statement is true (e.g. “this transaction is valid”, “a requirement is met”, “this identity got verified”) without revealing the underlying data.
ZK-KYC won't remove compliance, but it can remove unnecessary extraction, collection and storage of personal data. So, verification still happens, but no data honeypot is created.
@note1yq2xu...
Most verification today is over-disclosure by default.
Zero-knowledge proofs decouple proof from disclosure. They let an entity prove that a statement is true (e.g. “this transaction is valid”, “a requirement is met”, “this identity got verified”) without revealing the underlying data.
ZK-KYC won't remove compliance, but it can remove unnecessary extraction, collection and storage of personal data. So, verification still happens, but no data honeypot is created.
@note1yq2xu...