Zk-SNARKs will be integrated into Ethereum

The Zcash-based technique zk-SNARK (zero-knowledge succinct non-interactive argument of knowledge) is to be integrated into Ethereum. This will make it possible to perform completely anonymous transactions in an otherwise public network. The functionality of zk-SNARK is explained by Christian Reitwiessner in his blog entry “zkSNARKs in a nutshell“. In the long term, the implementation of Hawk in Ethereum will also be envisaged. This is very important for numerous applications where anonymity is essential, e.g. For financial transactions.

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