Cryptocurrency Q&A
What are the cons of zero knowledge proof?
What are the cons of zero knowledge proof?
Tommaso
Fri Sep 20 2024
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7 answers
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I'm curious to know, what are some of the drawbacks or limitations of utilizing zero knowledge proofs in the realm of cryptography and finance? Are there any specific scenarios where their implementation might not be as beneficial as one might initially assume? Furthermore, what safeguards or considerations need to be in place to mitigate potential risks associated with their use?
7 answers
HanRiverWave
Sun Sep 22 2024
Zero Knowledge Proof technology, while revolutionizing the way data is verified and secured, faces several challenges in its adoption. One significant hurdle is scalability and performance, which directly impact its usability in various applications.
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Silvia
Sun Sep 22 2024
The core of ZKP protocols lies in their intricate computational demands. These protocols necessitate substantial processing power and time to execute, posing a significant barrier for widespread implementation.
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GyeongjuGloryDaysFestivalJoy
Sun Sep 22 2024
In the realm of real-time applications, where swiftness and efficiency are paramount, ZKP's computational intensity can hinder its adoption. Delays caused by the extensive processing can Render the technology unsuitable for certain use cases.
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charlotte_wilson_coder
Sun Sep 22 2024
Similarly, high-volume transaction systems, such as those in the financial industry, require seamless and rapid processing. ZKP's reliance on heavy computation may not align with these requirements, limiting its applicability.
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DongdaemunTrendsetterStyleIconTrend
Sat Sep 21 2024
To overcome these limitations, researchers and developers are exploring ways to optimize ZKP protocols. Efforts are underway to reduce their computational complexity and enhance their performance, making them more viable for real-world applications.
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