Zero-Knowledge Range Proof

Understand crypto terminology related to Zero-Knowledge Tokens, which enable secure, private transactions by proving knowledge without revealing sensitive data.

A Zero-Knowledge Range Proof is a cryptographic method that allows one party to prove that a value lies within a certain range without revealing the actual value itself. This is particularly useful for maintaining privacy in transactions.For instance, when a user wants to prove they have a balance above a specific amount without disclosing their exact balance, they can use a Zero-Knowledge Range Proof. This ensures that other parties can verify the information without gaining any additional knowledge about the actual value.This method enhances confidentiality and security, making it possible to conduct transactions or verify balances while protecting sensitive information. It is an important tool for privacy-focused systems and applications, facilitating trust and verification without sacrificing user anonymity.

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