By using Zero Knowledge Proof (ZKP), ZeroSync promises to help scale the Bitcoin network.
The solution to the Bitcoin network scaling problem
We all know that the biggest weakness of the Bitcoin network lies in its ability to scale up the network as well as speed up transactions. We wouldn't be able to do anything if the average transaction speed on the Bitcoin network was only a few TPS as it is now. That's why a series of solutions like Lightning Network or Taproot were developed to partially solve this problem.
A good signal for the Bitcoin network when recently there is another solution that promises to change the situation, solving the long-standing problems of Bitcoin. An association called ZeroSync (ZeroSync Foundation), founded by three German computer scientists, was born to help scale Bitcoin but by using Zero Knowledge Proof . ZKP).
In its articles, BeInCrypto has pointed out a number of projects that apply the popularity of ZKP to its recent products. For example, Polygon released Polygon ID which is also based on ZKP. Some exchanges also rely on this technology to demonstrate the transparency of reserve assets. Now, ZKP has extended its influence and powered scaling solutions for Layer 1 networks.
ZeroSync's use of ZKP to validate the Bitcoin blockchain means that nodes can sync almost instantly instead of taking hours (and sometimes days) to download the current 500 GB of the chain's data. . ZeroSync has created a working prototype that allows users to validate the status and transaction history of the Bitcoin blockchain without downloading the entire chain or trusting a third party.
In fact, Satoshi Nakamoto mentioned that verification is reliable as long as honest nodes control the network. However, this will also be more vulnerable if the network is overwhelmed by an attacker. This case is similar to the Sybil attack where the rogue nodes overwhelm and affect the honest nodes. ZeroSync goes one step further by verifying transactions via cryptographic proofs instead of just trusting honest nodes as Satoshi suggested.
The ZeroSync Foundation has received funding from crypto investment firm Geometry Research and StarkWare Industries, the software company behind StarkNet .
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