What are the differences between zk-SNARK and STARK in the context of cryptocurrency?

3 answers

• Dec 27, 2021 · 3 years ago
  zk-SNARK and STARK are both cryptographic technologies used in the context of cryptocurrency, but they differ in several key aspects. zk-SNARK, which stands for zero-knowledge succinct non-interactive argument of knowledge, is a proof system that allows one party to prove to another party that a statement is true without revealing any additional information. It provides strong privacy guarantees and is widely used in privacy-focused cryptocurrencies like Zcash. On the other hand, STARK, which stands for scalable transparent argument of knowledge, is a more recent development that aims to provide similar functionality to zk-SNARK but with improved scalability and transparency. STARKs are designed to be more efficient and scalable, making them suitable for use in large-scale blockchain networks. While zk-SNARK relies on trusted setup ceremonies, which can be a potential point of vulnerability, STARKs do not require trusted setup and are considered post-quantum secure. Overall, zk-SNARK and STARK offer different trade-offs in terms of privacy, scalability, and security, and their suitability depends on the specific use case and requirements of a cryptocurrency project.
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• Dec 27, 2021 · 3 years ago
  zk-SNARK and STARK are both cryptographic technologies used in the context of cryptocurrency, but they have some fundamental differences. zk-SNARK relies on a trusted setup, which means that a group of participants must generate and securely destroy certain cryptographic keys. This process introduces a potential vulnerability, as the security of zk-SNARK relies on the assumption that these participants will not collude to compromise the system. On the other hand, STARK does not require a trusted setup and is considered to be post-quantum secure. Additionally, zk-SNARK proofs are smaller in size and faster to verify compared to STARK proofs. However, STARK offers better scalability and transparency, as it can be used in large-scale blockchain networks without sacrificing security. It's important to note that both zk-SNARK and STARK have their own strengths and weaknesses, and the choice between them depends on the specific requirements of a cryptocurrency project.
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• Dec 27, 2021 · 3 years ago
  In the context of cryptocurrency, zk-SNARK and STARK are two different cryptographic technologies with their own unique characteristics. zk-SNARK is a well-established technology that has been used in privacy-focused cryptocurrencies like Zcash. It provides strong privacy guarantees by allowing users to prove the validity of transactions without revealing any additional information. However, zk-SNARK relies on a trusted setup, which can be a potential point of vulnerability. On the other hand, STARK is a more recent development that aims to address some of the limitations of zk-SNARK. STARK does not require a trusted setup and is considered to be post-quantum secure. It offers better scalability and transparency compared to zk-SNARK, making it suitable for use in large-scale blockchain networks. However, STARK proofs are larger in size and slower to verify compared to zk-SNARK proofs. Overall, the choice between zk-SNARK and STARK depends on the specific needs and priorities of a cryptocurrency project.
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