Protocol XRay Enhances Stellar's Technical Capabilities with ZK-based Privacy

Protocol XRay Enhances Stellar's Technical Capabilities with ZK-based Privacy

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by Katerina Papadopoulou

9 months ago

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The Stellar Development Foundation has unveiled significant advancements in its Protocol XRay, introducing two new cryptographic primitives aimed at enhancing privacy features on the Stellar network. The source notes that these innovations are set to empower developers in creating more efficient zero-knowledge (ZK) smart contracts.

Введение новых примитивов

The first of the two new primitives is the BN254 elliptic curve, which facilitates easier verification of zkSNARK proofs directly on the blockchain. This improvement is crucial for developers looking to implement ZK technology, as it streamlines the process of validating transactions without revealing sensitive information.

Оптимизация вычислительных ресурсов

In addition, the introduction of the Poseidon family of hash functions is designed to optimize the computational overhead associated with ZK circuits. By reducing the resources required for these operations, the Stellar network aims to lower costs for ZK-based smart contracts significantly. This upgrade not only enhances efficiency but also paves the way for innovative features such as:

  • Confidential tokens
  • Allowing transaction details to remain private while still ensuring their validity

Новые возможности для разработчиков

Эти изменения открывают новые возможности для разработчиков.

In a notable development, RedotPay has partnered with Ripple to launch a new feature that simplifies cryptocurrency conversion in Nigeria. This initiative contrasts with Stellar's recent advancements in privacy features, highlighting the evolving landscape of digital assets. For more details, see read more.

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