ZK proofs “scale blockchains by kind of doing the hard work off-chain, and only having the blockchain verify the proofs,” said Thaler, an a16z researcher and associate professor at Georgetown University who co-authored the Lasso and Jolt research. With ZK proofs, “you can get a guarantee that this work was done correctly, but not have all the blockchain nodes in the world doing all the work.”
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency...