An overview of zero knowledge projects

February 9, 2022, 4:43PM EST

• 12 min read

Quick Take

  • Zero knowledge projects utilize zk proofs to compress data and reduce the computation required for verifiers to validate transactions
  • The two main value propositions for utilizing zk proofs are scaling transaction throughput and conferring privacy for users
  • Apart from the notable names like StarkWare and Matter Labs, there are a number of zk-based projects which have seen increased media attention
  • Unlike StarkWare and Matter Labs, there are some zk-based blockchain projects which have decided to build their own layer 1 chains
  • Many of these zk-based projects have innovative use cases for validity proofs, which allows them to invent some unique features in the blockchain domain

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