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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    NFT sales surge to $574 million in July, second-highest in 2025

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    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

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    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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Home Blockchain

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK

July 28, 2024
in Blockchain
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Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK
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Zero-knowledge SNARK (Succinct Non-Interactive Argument of Knowledge) refers to a process where one can demonstrate knowledge without revealing that information and without the prover and verifier interacting.

READ ALSO

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“The development represents a major leap forward for the BitVMX proving system, demonstrating the ability to challenge and validate the execution of a SNARK verifier on-chain,” Rootstock’s team said.

Bitcoin layer 2 Rootstock has interactively verified a SNARK proof in a potential breakthrough for the development of zero-knowledge proofs on the original blockchain network.

Rootstock verified the SNARK using BitVMX, which is Rootstock’s modified version of BitVM, a computing paradigm designed to allow Ethereum-style smart contracts on Bitcoin.

Zero-knowledge SNARK (Succinct Non-Interactive Argument of Knowledge) refers to a process where one can demonstrate knowledge without revealing that information and without the prover and verifier interacting.

The verification took place on Rootstock’s mainnet on Thursday, having been completed on the testnet the day before.

“The development represents a major leap forward for the BitVMX proving system, demonstrating the ability to challenge and validate the execution of a SNARK verifier on-chain,” Rootstock’s team said in an emailed statement on Thursday. “This breakthrough opens the door for replicating this process with any program compiled to the RISC-V architecture, utilizing BitVMX’s general-purpose virtual CPU.”

Read More: Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

See also  BlackRock Bitcoin ETF sees first inflow in weeks: Investors favor BTC again?
Tags: BitcoinlayerRootstockSNARKVerifiesZeroknowledge

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Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports

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Strategic Ethereum Reserve hits $2.1B – Can ETH target $3K now?

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Starknet to scale Bitcoin without forking or making new token, StarkWare says

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New Technology Will Have Institutions Lining Up for Crypto

New Technology Will Have Institutions Lining Up for Crypto

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