How do Blockchain developers ensure the privacy of transactions?
The question is about blockchain
Answer:
For privacy, Blockchain Developers implement techniques such as Zero-Knowledge Proofs, by which a prover can prove a statement to the verifier without leaking any information other than the veracity. They could also go to Ring Signatures—whereby one is among a group of potential signers to obscure the actual signer’s identity—or to Blockchains developed with privacy in mind, like Monero, whose enhanced cryptographic techniques render transactions untraceable.
Related questions and answers
- How does Blockchain technology enhance security in Decentralized systems?
- How do Blockchain developers manage transaction fees?
- How do Blockchain developers integrate Blockchain with existing systems?
- How does Blockchain technology impact data integrity?
- What are the environmental impacts of Blockchain technology?
Developers who got their wings at:
Testimonials
Gotta drop in here for some Kudos. I’m 2 weeks into working with a super legit dev on a
critical project, and he’s meeting every expectation so far 👏
Francis Harrington
Founder at ProCloud Consulting, US
I recommend Lemon to anyone looking for top-quality engineering talent. We previously
worked with TopTal and many others, but Lemon gives us consistently incredible
candidates.
Allie Fleder
Co-Founder & COO at SimplyWise, US
I've worked with some incredible devs in my career, but the experience I am having with
my dev through Lemon.io is so 🔥. I feel invincible as a founder. So thankful to you and
the team!
Michele Serro
Founder of Doorsteps.co.uk, UK
Ready-to-interview vetted Blockchain developers are waiting for your request