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23 September 2019

The Company Behind Zcash Announces Proposed Solution to Trusted Setup

The Company Behind Zcash Announces Proposed Solution to Trusted Setup


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Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.

In cryptography, a trusted setup is when a set of initial parameters are created that at a later stage will be destroyed.

The authors of the paper, Sean Bowe, Daira Hopwood and Jack Grigg, claimed that they obtained the first practical example of recursive proof composition without a trusted setup, using only ordinary cycles of elliptic curves

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