Zk-STARKs have been long hyped up as a replacement for Zcash’s Zk-SNARK system, for one simple reason: they don’t require the trusted setup, which (if compromised) could allow an attacker to mint unlimited coins. The Monero team has been especially vocal about that possibility, speculating in 2017 on including Zk-STARKs in the roadmap. Fluffypony even ‘promised’ a STARK-based sidechain on […]The post Zk-STARKs Arrive: But Is The Privacy Coin Tech Even Needed? appeared first on Crypto Briefing.
