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Ethereum’s Ropsten Testnet Verifies Zk-SNARKs Component Of Zcash Transaction

By

Matthew

De Silva

WriterETHNews.com

On Tuesday, Ethereum’s Ropsten testnet verified the zk-SNARKs proof underlying a Zcash transaction.

On September 19, 2017, Dr. Christian Reitwiessner announced via reddit that Ethereum's Ropsten testnet has verified "the zkSNARK part" of a Zcash transaction. Co-creator of the programming language Solidity, Reitwiessner posted a link to the relevant code on GitHub and the relevant transaction available via Etherscan.


Reitwiessner explained, "What is verified here is the zkSNARK part of some real transaction on the real Zcash network. I pulled the data out of the chain sometime around January, I think." Reitwiessner said he has "no idea" of the transaction's participants or value, but the Ethereum network has confirmed the transaction.

When one redditor expressed concern about the high gas price, Reitwiessner explained, "The verification cost of a zkSNARKs is largely independent of the amount of computation done in a zkSNARK. This means you could bundle 10000 zk transactions and verify them in a single Ethereum transaction."

Yesterday, the Byzantium hard fork went live on Ethereum's Ropsten testnet at block 1,700,000. ETHNews explored the update in depth.

Matthew De Silva

Matthew has a passion for law and technology. He graduated from Georgetown University, where he studied international economics and music. Matthew enjoys biking and listening to tech podcasts. He lives in Los Angeles.

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