Scaling existing blockchain solution remains an ongoing challenge for nearly all projects. In the case of virtually all major cryptocurrencies, a few interesting proposals have been submitted over the past few months. StarkDEX is a project which utilizes a slightly different solution known as ZK-STARKs. This has nothing to do with the major House in Game of Thrones, although it may end up saving some projects which are running atop the Ethereum blockchain. What is a ZK-STARK? As is usually the case, a STARK is an acronym for several complicated words. The full name is Zero Knowledge Scalable Transparent Argument
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As much as we love the convenience of the internet, our privacy is at great risk whenever we go on social media, check our credit reports, grab a ride, or simply log into a fitness app. Our need to protect our information encompasses much more than financial transactions with a few cryptocurrencies. In the United States alone, the staggering number of data breaches shows the need for a better privacy solution, and zk-SNARKs or zk-STARKs are poised to fill that need. This year, the Cambridge Analytica data mining scandal affected more than 87 million Facebook users, and the WSJ predicts its repercussions will be huge. Last