Hey everyone,
Zero-knowledge proofs (ZKPs) are usually discussed in the context of privacy, but their potential goes way beyond that. One of the most interesting applications is scalability—ZK-rollups on Ethereum already prove how effective this can be. Instead of processing every transaction on-chain, rollups bundle them together and generate a validity proof, reducing costs and improving efficiency.
Another huge use case is decentralized identity. Instead of handing over personal data, users could use ZKPs to prove they meet certain conditions (e.g., being over 18, a resident of a specific country) without exposing unnecessary details. This could be a game-changer for KYC in DeFi and Web3 applications.
Regulatory compliance is another area where ZKPs could make a big impact. Imagine a system where institutions can verify compliance without accessing sensitive financial records. Audits could be conducted in a trustless manner, ensuring transparency without compromising data security.
It feels like we’re just scratching the surface of what’s possible with ZK technology. Curious to hear thoughts on other potential use cases. Are there any real-world projects pushing ZKPs beyond privacy that are worth keeping an eye on?