Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Opinion: ZK proofs are too complex for decentralized identity and are not conducive to government and institutional adoption

Opinion: ZK proofs are too complex for decentralized identity and are not conducive to government and institutional adoption

CointimeCointime2024/10/24 05:43
By:Cointime

On October 24th, Ingo Rübe, CEO and co-founder of decentralized identity provider KILT Protocol, stated that the highly technical nature of ZK proofs makes it difficult for governments and institutions to adopt. He explained that decentralized identifiers (such as biometric data) can be selectively shared with parties and verified on-chain using Merkle trees, which is easier, faster, and more efficient than ZK proofs.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Join Bitget x Just a chill guy Community Campaign Now to Win Your Share of $10,000 CHILLGUY!

Bitget announced that CHILLGUY/USDT is listing on Bitget! In order to show our warm welcome, we have set aside a reward pool of $10,000 for our special new joins during this period. Participate in the event and join Bitget now to receive your exclusive token airdrop. So, what are you waiting for? J

Bitget Announcement2024/11/27 10:00

XRPPERP now launched for USDC-M futures trading

Bitget has launched XRPPERP for futures trading with a maximum leverage of 75 on November 27, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. XRPUSDC-M perpetual futures: Parameters Details Listing time November 27, 2024 16:40 (UTC+8) Underlying

Bitget Announcement2024/11/27 08:44

Bitcoin (BTC) Surges to New Heights Amidst Robust Capital Inflows

Bitcoin's price hits an all-time high of $93k, driven by $62.9 billion capital inflows, with ETFs playing a critical role in stabilizing the market.

Blockchainnews2024/11/27 08:43