Cryptocurrency Glossary Of Terms & Acronyms

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Zero Confirmation Transaction

Another name for "unconfirmed transaction"

Zero Knowledge Proof

Cryptographic proof for 2 parties to verify a value without revealing what the value is.

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)

An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.

zkML (Zero-Knowledge Machine Learning)

Zero-Knowledge Machine Learning (zkML) integrates the principles of zero-knowledge proofs with ML.

zkOracle

A zkOracle is an advanced concept in blockchain technology that combines the properties of oracles with the principles of zero-knowledge proofs.