BitSNARK

Fairgate
·
April 06, 2024
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BitSNARK is the first protocol to bring zk-SNARKs (Succinct Non-Interactive Argument of Knowledge) to Bitcoin ( BTC ).

The BTC blockchain has historically been limited to basic transactions without privacy protection elements beyond cryptographic wallet addresses.

zk-SNARKs allows for the verification of data and BTC blockchain transactions without revealing sensitive information, including user personal and financial details.

Expanding this technology beyond platforms like Ethereum enabled more complex decentralized applications (DApps) and privacy-oriented operations on the BTC blockchain.

Access BitSNARK whitepaper here.

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