STARK (cryptography)
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STARK (cryptography)
Non-interactive zero-knowledge proofs are zero-knowledge proofs where information between a prover and a verifier can be authenticated by the prover, without revealing any of the specific information beyond the validity of the transaction itself. This function of encryption makes direct communication between the prover and verifier unnecessary, effectively removing any intermediaries. The core trustless cryptography "proofing" involves a hash function generation of a random number, constrained within mathematical parameters (primarily to modulate hashing difficulties) determined by the prover and verifier. With this cryptographic engine, the prover must demonstrate the validity of the transaction, by solving the hash of a random number. Finally, proof of the answer is returned to the verifier, without revealing its value. There are many different methods for establishing a cryptographic proof of hash validity. Perhaps the most notable method, proof of work, involves computing t ...
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Proof Of Work
Proof of work (PoW) is a form of Cryptography, cryptographic proof (truth), proof in which one party (the ''prover'') proves to others (the ''verifiers'') that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part. The concept was invented by Moni Naor and Cynthia Dwork in 1993 as a way to deter denial-of-service attacks and other service abuses such as spam (electronic), spam on a network by requiring some work from a service requester, usually meaning processing time by a computer. The term "proof of work" was first coined and formalized in a 1999 paper by Markus Jakobsson and Ari Juels. Proof of work was later popularized by Bitcoin as a foundation for Consensus (computer science), consensus in a permissionless decentralized network, in which miners compete to append blocks and mint new currency, each miner experiencing a success probability proportional to the computationa ...
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