The Company Behind Zcash Announces Proposed Solution to Trusted Setup

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The Electric Coin Company has announced Halo, a proposed cryptographic solution to the trusted setup flaw in Zcash. Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which claims to end a 10-year-long pursuit by the cryptography communities. He called the solution Halo.Halo takes away the need for a ‘trusted setup’The strategy of Halo reportedly holds…
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The Company Behind Zcash Announces Proposed Solution to Trusted Setup

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