Public ledgers record data transparently so that anyone can view transactions. But at the same time, this lack of privacy hinders widespread blockchain adoption. We need approaches to ensure high levels of transparency without sacrificing privacy.
Zero-knowledge proof is a method that can be deployed to mitigate privacy-related concerns. It is a cryptographic technique that allows us to verify a transaction without disclosing its contents. In this way, we can keep secret information such as passwords or chats as private.
A common use case of zero-knowledge methods is identity verification. They can be used to carry out private NFT minting, as well.
Mint NFTs while protecting your privacy
In the NFT context, there are many instances that relate to privacy. Suppose you are a Web3 community member and would like to showcase your NFTs proudly to other members. For this purpose, you share your OpenSea account with them. They can view the NFTs you own; however, they can also see all…