Prove Something Without Revealing It?🤔Zero Knowledge Proofs Explained
This is an archive entry: the video and its transcript, published so the words can be read, searched and quoted. It is not a written piece.
This is an archive entry: the video and its transcript, published so the words can be read, searched and quoted. It is not a written piece.
Transcribed from the tape. Search every transcript →
0:00What is zero knowledge proofs mean? Yeah. So, you know, I don’t actually explain this term too much, really, because he’s overqualified to break it down. Let’s hear it. Basically, what zero knowledge proofs are is it’s the ability to verify that, you know, a certain piece of information or a certain piece of data without actually revealing the underlying data itself. So in the case of like what we do, we can verify people’s income without even seeing the data ourselves How can you possibly do that? It’s, you know, that’s very nuanced, but definitely it’s just mathematics, right? At the end of the day, it’s polynomials, right? If you don’t know what polynomials are, let’s go look it up
0:41It’s okay, we’ll ask you to break it down, don’t worry Yeah, but yeah, it’s all just like mathematical equations that equal to a true or false statement, right, in the end So that’s that’s how it works, okay