Blockchain, DeFi, Zero-Knowledge, AI and Finance. Blog written by Illya, an entrepeneur and engineer..
This article examines Japan's deposit guarantee scheme through an analysis of the Deposit Insurance Act (DIA) of 1971 and the Deposit Insurance Corporation of Japan (DICJ). It explores the DICJ's unique three-pillar structure encompassing deposit insurance, financial institution resolution, and system stability measures, comparing it with the EU's approach under Directive 2014/49/EU. The analysis…
Privacy is a fundamental human right, yet digital privacy is a myth. Zero-Knowledge Proofs (ZKPs) turn this myth into reality, by enabling inherently private data sharing through a verifiable computation model. Discover how ZK solutions like zkLocus, zkSafeZones, zkML, zkVM, Merkle Trees, MPC, and homomorphic encryption, enable privacy in all digita products - from search engines and social…
In this article we'll explain how proposed BRICS digital currency can be realized as a cryptocurrency, thus challenging the claims made in the 'Digital Money Options for the BRICS' paper. We'll explore how a public blockchain with smart contracts, combined with Zero-Knowledge Proof protocols like zkSNARKs and zkSTARKs, provides a natural fit for implementing the BRICS currency. We'll learn how the…
Dive into the world of zkSNARKs and zkSTARKs, and discover how these Zero-Knowledge Proof protocols enable a novel Verifiable Computation Model that surpasses the limitations of the Ethereum Virtual Machine. Learn about the key differences between the Linear and Constant Verifiable Computational Models, and explore real-world applications like zkLocus, which leverages recursive zkSNARKs to turn…
In this blog post, we will explore the dynamic intersection of blockchain, privacy, and cryptography, focusing on the pivotal role of zero-knowledge proofs, especially zkSNARKs and their recursive variations. These innovative technologies are revolutionizing our approach to digital privacy and authenticity. Here, we delve into their practical applications, discussing their significance in…
This blog post introduces zkLocus, a pioneering Zero-Knowledge, on-chain, cross-chain, and off-chain application, offering a disruptive paradigm in private and verifiable geolocation sharing. It allows users to authenticate their presence in specific geographical areas without revealing exact coordinates. zkLocus brings geolocation data onto the blockchain. It offers native bridging, native rollup…
Dive into the archive of The Codeumentary Blog. This reference guide offers a seamlesstransition to the new blog at illya.sh/blog, ensuring continued access to the insights and deep technical dives on Software Engineering and Computer Security. Explore the blog posts which have been revered in academic and professional circles, and access their summaries in one place. The backlink integerity of…