Ethereum and Zero-knowledge Proofs: Exploring the Fundamentals of Ethereum

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Dillon

How to use Ethereum and Zerocoin? What are Ethereum and Zerocoin?

2023-06-02 07:27


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Ethereum is a decentralized blockchain-based platform that allows developers to build and deploy decentralized applications (dApps) on its network. It enables the creation of smart contracts, which are self-executing computer programs that automatically enforce the rules and regulations of an agreement or contract when certain conditions are met. Ethereum's native cryptocurrency is called Ether (ETH) and is used as a means of payment for executing transactions and accessing the network's resources.

Zcash, on the other hand, is a privacy-focused cryptocurrency that utilizes a technology called zero-knowledge proof to enhance privacy and anonymity on its network. It allows users to perform private transactions, where the sender, recipient, and transaction amount are all hidden from public view. This feature has made Zcash a popular choice for users who value privacy and security in their financial transactions.

Release time 2023 06 02

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