Manta network has as of the 18th of July 2022 submitted a Polkadot treasury proposal to develop OpenZL, a substrate library aimed at making it easy for developers to write and deploy Zero Knowledge proof codes
About OpenZL – The potential use-cases
OpenZL is a common good open source library that will enable Substrate developers in writing and deploying zero-knowledge proof code.
The zero-knowledge proof code works with the following properties:
Completeness: here an honest prover convinces the verifier about any statement he/she knows.
Soundness: This means a computationally bounded prover cannot forfeit a proof that can convince an honest verifier.
Zero-Knowledge: This implies that the proof doesn’t leak any information other than the proof itself.
Succinctness: The proof size is constant or logarithmic compared with the circuit size (ie. the amount of computation) of the statement.
The potential applications of OpenZL will include leveraging it to
- Make KYC/ AML processes more decentralized by DID projects such as KILT.
- Make cross-chain bridging become high-performance and trustless.
- Build ZK Roll-ups by projects such as Astar
- Build MACI for governance by DAO tooling projects.
About Manta Network
Manta is a universal private blockchain platform which is building a scalable, composable, and private network .
Manta’s zero-knowledge cryptography allows developers to build DApps with end-to-end privacy guarantees, which are auditable ,interoperable, user friendly and high-performance.
Manta privacy can be deployed to work in DeFi, NFTs, Game-fi, DAOs, and various other blockchain applications.
Manta operates on two networks namely;
- Calamari network which is Manta’s canary network running on Kusama.
- Manta network which is Manta’s potential Polkadot Parachain.
for more about Manta Networks click here
