# zkSnark

By [0x9300000000](https://paragraph.com/@0x9300000000) · 2023-02-13

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**Zero-Knowledge Succinct Non-Interactive Argument of Knowledge** (and in Russian - Compressed non-interactive proof with zero knowledge) allows you to perform transactions on the blockchain without public commit. Verification of a transaction using this method is implemented directly between the sender and the recipient.

Already in the early years of [Bitcoin](https://koshelek.ru/academy/chto-takoe-bitcoin) existence, users realized that it was a pseudonymous, not an anonymous network. And if you link a pseudonym (address) with a person's name, then you can track the entire chain in an open ledger ([blockchain](https://koshelek.ru/academy/chto-takoe-blockchain)). Using zk-SNARKs, transactions take place without public disclosure of data, without placing them on the ledger. In such a network, there will be no blockchain explorer, and only the owner can check the balance using his private key.

### **What's in the future for zk-SNARKs?**

**The most interesting** is the ability to use zk-SNARKs over the [Ethereum](https://koshelek.ru/academy/chto-takoe-ethereum) network and its virtual machine. Confidential transactions, where balances and balances are hidden, but only the sender and recipient are visible, open up new scenarios for using the blockchain.

[Polygon](https://koshelek.ru/academy/matic-polygon-obzor-kriptovalyuty), one of the largest \[L2\] of the Ethereum network acquired startup Mir for a record $400 million for the new market to focus on building zero-knowledge systems. Moreover, more recently, in August of the same 2021, Polygon absorbed Hermez Network in a deal for $ 250 million.

zk-SNARKs, like Bitcoin, over the years of development can acquire the status of an advanced technology and go beyond the image of a “shadow economy” tool.

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*Originally published on [0x9300000000](https://paragraph.com/@0x9300000000/zksnark)*