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
Bull Market
A bull market indicates the direction of the market going in an upward trend.
IYKYK
Abbreviation for: if you know you know. The phrase implies that the user has dropped some sort of insider knowledge about a specific experience. Often, the post will have some callback to a particular experience that will instantly stand out to those who are “in the know,” or ironically sharing commonly known information.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
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