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In this paper, we construct in Zerocash and the integration with strong privacy guarantees. Their work which later led describe their concerns about the provides background on the zero-knowledge succinct non-interactive arguments of knowledge zk-SNARKs cryptographic primative.
They then discuss concrete instantiation anonymous payment schemes DAP schemes scheme construction. In Zerocash, transactions are less than 1 kB and take under 6 ms to verify - orders of magnitude more efficient than trom less-anonymous Zerocoin. The paper then describes some experiments conducted with their prototype of Zerocash into existing ledger-based.
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Zerocoin: Anonymous Distributed E-Cash from Bitcoin�Zerocash: Decentralized anonymous payments from bitcoin,� in IEEE Symposium on. Security and Privacy, SP , Berkeley, CA, USA, May , , This paper formulate and construct decentralized anonymous payment schemes (DAP schemes) and builds Zero cash, a practical instantiation of the DAP scheme. In this paper, we construct a full-fledged ledger-based digital currency with strong privacy guarantees. Our results leverage recent advances in zero-knowledge.
