Prove Something Without Revealing It?🤔Zero Knowledge Proofs Explained
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0:00A: What does zero-knowledge proofs mean?
0:01B: Yeah, so, you know, I don’t actually explain this term too much, really, because I was overqualified to break it down.
0:09A: So let’s hear it.
0:10B: 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. Right. How could you possibly do that? It’s, you know, that, that, that, that’s fine. But definitely it’s just mathematics, right? At the end of the day is polynomials, right? If you don’t know what polynomials are, it’s okay. We’ll actually 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, basically.
0:52A: Okay.
