A knowledge proof is a method that allows one party to prove to another that they possess certain information without revealing the information itself. This concept is particularly useful in enhancing security and privacy in transactions.In practical terms, when a user wants to verify that they hold a specific piece of data—like a password or a secret key—they can use a knowledge proof. The process involves creating a mathematical challenge that proves the knowledge without disclosing the actual secret.There are two main types of knowledge proofs: interactive and non-interactive. In an interactive proof, the verifier and prover engage in multiple rounds of communication. In non-interactive proofs, a single message is sufficient for verification. These proofs can help verify transactions or user identities while minimizing the risk of exposing sensitive information. As a result, they are valuable for maintaining privacy and increasing trust in various applications, including secure messaging and digital contracts.

BitMine Reports $13.4 Billion in Crypto and Cash Holdings
BitMine Immersion Technologies on Monday reported total holdings of $13.4 billion in cryptocurrency, cash, and equity stakes, reinforcing its position