Ethereum Verified a ZCash Transaction

in #ethereum3 years ago (edited)

The Ethereum Metropolis Testnet implements the zksnark technology, which makes it possible to verify zero-knowledge-proof transactions within the ethereum network.

Here is the first zkSnark transaction:


Here is the code:
zkSNARKs test code in solidity

This is one of the exciting parts about the upcoming ethereum hardfork !



Learn something new everyday

now we will know, thanks! support you with resteem

While I did not buy that token, I do not know much about it. Do you think its price will rise?

this post is Not about the value of zcash "token"...

zkSnark is a zcash integration of ethereum.
"private transactions" is no product anymore, it is a feature.
the zero-knowledge-proof technology within the blockchain space is not a zcash exclusive anymore.

So, the value of zcash has no real world support... !
this value results as an appreciation of this technology as there is huge demand for zero-knowledge transactions and it is useful to reward zcashs developers.

Very good article. Nice to see I'm not the only one who thinks like this. No matter how populair a coin is. People should always do a proper background check. It surprises me how many coins are out there that don't have their basics right. I really advice people to take a look at: The site is my go to place for crypto investment analaysis and indepth coin research.

Coin Marketplace

STEEM 0.17
TRX 0.03
JST 0.043
BTC 10880.84
ETH 380.09
USDT 1.00
SBD 0.98