Has Zucoin considered using zero-knowledge (ZK) proofs?

Overall, ZK proofs are a developing area that will be considered for future development as the technology matures.

Zero-Knowledge (ZK) proofs are a cryptographic method that enables one person to prove to another person that they know something, without revealing the specific information itself.

One type of ZK proof is zk-SNARKs; however, these often require "trusted setups."

A trusted setup means an increased reliance on the trustworthiness of node providers, which is contrary to the long-term goal of the Zucoin project of minimising assumed trust.

Another ZK proof method is zk-STARKs, such as the implementation by the Starkware company.

Multi-Party Compute (MPC) is another option currently being researched.

MPC involves breaking logic into many different pieces and distributing computation across multiple computers.

Only the entity initiating the request knows how to assemble these pieces in the correct order to obtain the final answer.

The Zucoin team is continuously researching, experimenting, and monitoring these technologies and many other methods.

The primary goal of the Zucoin project is to balance advanced cryptographic techniques while keeping the system simple, quick, reliable and easy to understand.