February 9, 2022, 4:43PM EST
• 12 min read

An overview of zero knowledge projects

Quick Take

  • Zero knowledge projects utilize zk proofs to compress data and reduce the computation required for verifiers to validate transactions
  • The two main value propositions for utilizing zk proofs are scaling transaction throughput and conferring privacy for users
  • Apart from the notable names like StarkWare and Matter Labs, there are a number of zk-based projects which have seen increased media attention
  • Unlike StarkWare and Matter Labs, there are some zk-based blockchain projects which have decided to build their own layer 1 chains
  • Many of these zk-based projects have innovative use cases for validity proofs, which allows them to invent some unique features in the blockchain domain

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here