Cryptosat Completes Experiment to Initiate ZK-Proof System in International Space Station
TL;DR Cryptosat and DoraHacks ran the first-ever cryptographic trusted setup for zero-knowledge in space on the International Space Station (ISS). This event enables the efficient use of SNARK schemes, which makes them much more secure and easier to use.
California-based crypto-satellite developer Cryptosat and global hackathon organizer DoraHacks ran the first-ever cryptographic trusted setup for zero-knowledge in space.
According to the official press release shared with CryptoPotato, the “historic event” took place on the International Space Station (ISS).
“We are excited to unlock the possibility of running trusted setups for Zero-Knowledge schemes in space. The ability to perform a trusted setup in a completely isolated environment is key in making efficient SNARK schemes much more widely used, secure, and easier to iterate on. By having Cryptosat participate in the ceremony, we guarantee there is at least one party out of this world making the ceremony more secure.”