For Enterprises, Privacy Is the Critical Blockchain Feature

For Enterprises, Privacy Is the Critical Blockchain Feature
Blockchain privacy is really hard.Central to the magic of blockchain technology is the consensus algorithm, the tool that maintains the validity of the entire network. The simplest way to understand a consensus algorithm is that it involves everyone being able to check everyone else’s work. Zero-knowledge proofs (ZKP) are an almost magical form of math that allow you to provide mathematical proof that a statement is true without providing the underlying supporting data. Using ZKPs, we can replace actual data with a proof, maintaining the integrity of the network but enabling user privacy.This article is part of CoinDesk’s Privacy Week…