What are ZK tokens?

First, some highlights: Zero-Knowledge Rollups (ZK-Rollups) are a series of smart contracts that use off-chain computations before submitting them back on-chain for validation . The smart contracts simply bundle a huge number of transactions into one and compute them in large chunks.4 Oca 2022

What Is zk-SNARK? Zk-SNARK is an acronym that stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge.” A zk-SNARK is a cryptographic proof that allows one party to prove it possesses certain information without revealing that information .

zkRollup Projects Ecosystem NameDescriptionStarkwareThe StarkWare StarkNet network is a permissionless decentralized ZK-Rollup.LoopringLoopring is a zkRollup layer2. It allows for high-throughput, low-cost trading and payment on Ethereum.zkSwapZK-Rollups based Layer-2 DEX with the AMM model.zkRollup Projects Ecosystem – DezentralizedFinance dezentralizedfinance.com › zkrollup-projects-ecosystem

Zero-knowledge rollups (ZK-rollups) bundle (or “roll-up”) hundreds of transfers off-chain and generate a cryptographic proof . These proofs can come in the form of SNARKs (succinct non-interactive argument of knowledge) or STARKs (scalable transparent argument of knowledge).