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The 3rd gen of Zero-knowledge Proof technology – Ethereum Platform - The Coin Republic

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Ernst Young (EY) launched its third-generation zero-knowledge proof (ZKP) blockchain technology to the public domain on Ethereum. Today Ernst Young (EY) launched its third-generation zero-knowledge proof (ZKP) blockchain technology to the public domain on Ethereum.

The new technology of the ZKP not only provides an additional layer of security on the private and public blockchains, but it also helps in reducing the cost of the transaction by grouping multiple private transfers into one transaction. Also, other companies, such as AE ventures and Deloitte, have declared their support for the blockchain technology in general.

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