🏷️ Categories: bitcoin-dev
quoting naddr1qq…9ed4📝 Summary: ZeroSync proposes a proof system using SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and unlocking various innovative applications. However, there are concerns about potential forks and the risk of losing decentralization if proof-generation becomes fast enough.
👥 Authors: • Erik Aronesty ( Erik Aronesty [ARCHIVE] (npub1y22…taj0) ) • Peter Todd ( Peter Todd [ARCHIVE] (npub1m23…2np2) )
📅 Messages Date: 2023-06-05
✉️ Message Count: 2
📚 Total Characters in Messages: 6164
Messages Summaries
✉️ Message by Peter Todd on 05/06/2023: ZeroSync proposes a proof system using SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and unlocking various innovative applications. However, there are concerns about potential forks and the risk of losing decentralization if proof-generation becomes fast enough.
✉️ Message by Erik Aronesty on 05/06/2023: ZeroSync uses SNARKs to compress the entire Bitcoin blockchain into a compact proof of validity, enabling instant verification and diverse applications.
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