Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)
By Cryptomcmillan1 | Updated on May 24, 2020
An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.
Related Terms
Pay-Per-Last N Shares (PPLNS)
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Microtransaction
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Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
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