Zero-knowledge proof
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A Zero Knowledge Proof (ZKP) is a method that allows one party (the prover) to prove to another party (the verifier) the truth of a statement without revealing any underlying information. This proof demonstrates the validity of the statement without disclosing specifics, ensuring privacy and confidentiality. Zero Knowledge Proofs play a crucial role in Web3 applications by enabling secure interactions and transactions, such as verifying identity or authenticity without revealing sensitive data. This cryptographic technique enhances privacy, trust, and security within decentralized networks, where validating claims while preserving data confidentiality is paramount.