Authors: Oleksandr Kuznetsov, Alex Rusnak, Anton Yezhov, Dzianis Kanonik, Kateryna Kuznetsova, Stanislav Karashchuk

Published on: February 06, 2024

Impact Score: 8.52

Arxiv code: Arxiv:2402.03834

Summary

• What is new: An innovative aggregation scheme for Zero-Knowledge Proofs within Merkle Trees, aiming at reducing the proof size and computational resources required.
• Why this is important: Current data verification methods in blockchain, especially Ethereum, are inefficient and consume significant computational resources.
• What the research proposes: A new system that integrates Zero-Knowledge Proofs with Merkle Trees, designed to enhance efficiency in data verification.
• Results: Experimental evaluations show a drastic reduction in proof size and computational requirements, improving the verification process.

Technical Details

Technological frameworks used: Ethereum blockchain

Models used: Zero-Knowledge Proofs, Merkle Trees

Data used: Real Ethereum block data

Potential Impact

Blockchain technology sectors, finance, and supply chain management companies.

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