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A Mind-Bending Cryptographic Trick Promises to Take Blockchains Mainstream (technologyreview.com)
5 points by Sreyanth 9 months ago | hide | past | web | favorite | 1 comment

The article is short and cursory. It can be summarized with the following excerpt:

> Zcash uses zero-knowledge proofs to guarantee that transactions are valid despite the fact that information about the sender, the recipient, and the amount transacted all remain hidden. The power of the idea has major banks interested. JPMorgan Chase recently worked with Zcash to add zero-knowledge functionality to its own private Ethereum-based blockchain.

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