2min chapter

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Episode 257: Proof of Solvency with Kostas Chalkias

Zero Knowledge

CHAPTER

Is There a Zero Knowledge Proof of Assets?

You can hide the value. Why? Because obviously it's an outcome of some homomorphic encryption addition. And then you eventually have a Pedersen commitment or let's assume an Elgama encryption of something. What you do is you have the proof of assets, and by using systems similar regarding the output also Pedersen commitment,. You can have a zero knowledge proof that my assets are less, are more than the liabilities. But that's it. It just says it's solvent, not it has this kind of percentage solvency or something. If you receive these at a continuous level, it seems that something is wrong with your solvency.

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