ZeroSync and Blockstream to Broadcast Bitcoin Zero-Knowledge Proofs From Space
The companies say using zero-knowledge proofs will enable Bitcoin nodes to sync quickly from anywhere on Earth – even without access to the internet.
ZeroSync Association and Bitcoin infrastructure firm Blockstream have announced their intention to broadcast Bitcoin zero-knowledge proofs – a type of cryptography which has become one of the hottest blockchain tech trends for 2023 – from Blockstream’s satellite.
Zk-proofs, used to verify the Bitcoin blockchain, eliminate the need for nodes to download its 500GB worth of data and allow them to sync in fractions of a second instead of hours or days.
Blockstream’s satellite network offers free global access to Bitcoin by broadcasting the blockchain across all continents – even those without reliable Internet coverage. ZeroSync expects the first experimental broadcast will take place by year’s end.