The state of zero-knowledge - quarterly reports highlights key takeaways of zk tech in 2023.
A quarterly report focused on zero-knowledge technology indicates that privacy, scaling and identity solutions are major drivers of adoption in the blockchain space.
The key takeaway focuses on use cases of zero-knowledge proofs. The cryptographic method allows one party to verify data or a statement without exposing the information itself. Privacy stands out as the most significant driver of adoption from the industry at 12.90%. Scaling is the second most prominent use case for zk technology with 9.46% interest.
Insights were driven by the company’s work with industry participants, including ZK Hack, zkSummit, rhino.fi, Geometry, and UCL. zkValidator also gleaned data and information working with participants in the production and management of the zkSummit 9 in Lisbon on 4 April. A comparison zkSync Era and Polygon zkEVM users and total value locked since their respective mainnet launches in March 2023. Source: The State of ZK: Q1 2023
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