Bitcoin's Mainet Now Ready For Zero-knowledge Proofs!!!

A team of developers from Rootstock Labs and Fairgate say they've succeeded in the technological breakthrough of interactively verifying a SNARK proof – a powerful type of cryptography in many blockchain systems – on the main Bitcoin network.

The demonstration could represent a major advance in making the largest blockchain more accommodating to faster, cheaper layer-2 networks, with programmability similar to what's currently possible on Ethereum and other networks.

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.