What are the potential drawbacks or limitations of implementing zero knowledge cryptography in the blockchain?

3 answers

• Nov 26, 2021 · 3 years ago
  One potential drawback of implementing zero knowledge cryptography in the blockchain is the increased computational power required. Zero knowledge proofs can be computationally intensive, which may slow down the transaction processing speed of the blockchain. This could potentially lead to longer confirmation times and reduced scalability of the network.
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• Nov 26, 2021 · 3 years ago
  Another limitation is the potential for implementation errors or vulnerabilities in the zero knowledge cryptography protocols. If there are any flaws in the design or implementation of these protocols, it could lead to security breaches or the exposure of sensitive information. It is crucial to thoroughly test and audit the cryptographic algorithms before deploying them in a production blockchain environment.
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• Nov 26, 2021 · 3 years ago
  From BYDFi's perspective, one potential drawback of implementing zero knowledge cryptography in the blockchain is the increased complexity and potential for compatibility issues with other blockchain systems. As zero knowledge cryptography is still a relatively new technology, it may not be widely supported by all blockchain platforms. This could limit the interoperability and integration of BYDFi with other exchanges or decentralized applications that do not support zero knowledge cryptography.
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