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Tron Now a Privacy Coin? The Adoption of zk-SNARKs

The ever popular and once very hyped cryptocurrency project TRON has plans to provide greater privacy features for their users by implementing zk-SNARKs.

Justin Sun, the founder and CEO of TRON, during a recent interview by the Bad Crypto Podcast talked about the progress of TRON’s technology, developments, and adoption.

During the interview, Sun talked about a variety of things including delegated proof of stake governance, the impact of blockchain, integrations with BitTorrent, and most notably the implementation of zk-SNARKs.

What Are zk-SNARKS?

zk-Snarks (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge), are a novel form of zero-knowledge cryptography, also known as zero-knowledge proofs. The technology was first used by ZCash (ZEC) and other cryptocurrency projects later adopted the technology.

The technology enables the possibility of shielded transactions and encrypts the crypto amounts being transacted. Therefore, with the use of zk-SNARKs, any one person…

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