• • • Home Breadcrumb Separator Cryptocurrency Glossary Breadcrumb Separator Algorithm

Algorithm

A process for solving a mathematical problem. In blockchains consensus algorithms are used to verify transactions.

More Definitions

Zk-SNARKs

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge. Zk-SNARKs is a technology which allows cryptocurrencies to shield transaction information from uninvolved parties.

Central Ledger

An irreversible list of all transactions that have ever occurred on a platform.