zk-STARK stands for zero-knowledge Scalable Transparent ARgument of Knowledge. In layman’s terms, zero-knowledge technology allows one party to prove to another that they hold private information (such as a password) without revealing what that information is. STARK is one such method to algorithmically obfuscate, prove or verify such information. Polygon has committed over $1 billion for the development of zero-knowledge technology.
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Source: Cryptocurrency - investing.com