Zero-Knowledge Staking refers to a method of participating in staking without revealing sensitive information about the staker’s assets or private keys. This approach allows users to earn rewards for validating transactions on a blockchain while maintaining their privacy.In traditional staking, users typically lock up their tokens in a wallet, which can expose them to risks such as hacks or loss. Zero-Knowledge Staking employs zero-knowledge proofs, a cryptographic technique that verifies the validity of a transaction without disclosing the underlying data. This way, stakers can prove they hold a certain amount of tokens without the need to expose their wallet address or any other personal details.The benefits include enhanced security for stakers and increased privacy, encouraging more people to participate in staking activities. By using this method, users can contribute to network security, earn rewards, and protect their sensitive information simultaneously.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to