Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy.
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Category: Zero Knowledge
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The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’
According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash […]Powered by WPeMatico
BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
As outlined by its creators, zkDAO will be community-driven and is currently seeking contributors.
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Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain
“It’s been a blessing and a privilege to participate in a community with over a quarter of a million people who have joined the ‘Panther Corps’ in the last 12 months,” says Gale.
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Zero-knowledge scaling tech Plonky goes live on Polygon
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology.
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Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
Polygon’s scalability, efficient processing times and very low gas fees provide a solution to Ethereum’s current network limitations, according to Nailwal.
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ConsenSys launches Rollups for privacy-enabled transactions on Ethereum blockchain with support of Mastercard
The move would usher a new era of user privacy as public ledgers face scrutiny over their ability to be traced by blockchain data analytics firms.
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Polygon to invest up to 250M MATIC into zero-knowledge tech
If fully vested, it would be a $627.5 million investment into zero-knowledge technology at today’s MATIC price.
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Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network.
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UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets
The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of open source and zero-knowledge software. Also Read: McAfee to Launch Decentralized […]
The post UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets appeared first on Bitcoin News.
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