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Home Cryptocurrencies Zero Knowledge Proof Coins

List of All Zero Knowledge Proof Coins
May 2024

Zero Knowledge Proof is a method to provide privacy and anonymity. Zero Proof Knowledge method allows users to gain access to a platform or an account without sharing their passcode or private information. ZK protocol is implemented on blockchains and is gaining popularity more and more.
Symbol Coin Name Price 7 Day Chart Highest CeFi Yield Highest DeFi Yield
Polygon logo MATIC
Polygon
$0.74
0.1% arrow up arrow down 24 Hr
10%
APR
ImmutableX logo IMX
Immutable
$2.51
-7.9% arrow up arrow down 24 Hr
3.24%
APY
Starknet logo STRK
Starknet
$1.23
0% arrow up arrow down 24 Hr
Worldcoin logo WLD
Worldcoin
$4.93
0% arrow up arrow down 24 Hr
Mina logo MINA
Mina
$0.80
2.2% arrow up arrow down 24 Hr
16%
APR
dYdX logo ETHDYDX
dYdX (ethDYDX)
$2.03
3% arrow up arrow down 24 Hr
1.99%
APY
Celo logo CELO
Celo
$0.88
-5.3% arrow up arrow down 24 Hr
4.99%
APY
MetisDAO logo METIS
Metis
$76.52
-6.2% arrow up arrow down 24 Hr
MANTA
Manta Network
$1.72
0% arrow up arrow down 24 Hr
ZEC
Zcash
$25.08
3.3% arrow up arrow down 24 Hr
0.29%
APY
LRC
Loopring
$0.29
0.8% arrow up arrow down 24 Hr
1%
APY
AZERO
Aleph Zero
$0.91
3.7% arrow up arrow down 24 Hr
CELR
Celer Network
$0.03
-3.2% arrow up arrow down 24 Hr
0.5%
APY
POND
Marlin
$0.02
0.8% arrow up arrow down 24 Hr
4.99%
APY
DUSK
Dusk
$0.35
0.5% arrow up arrow down 24 Hr
0.49%
APY
SYS
Syscoin
$0.19
0.9% arrow up arrow down 24 Hr
1.99%
APY
ZEN
Horizen
$9.59
11.8% arrow up arrow down 24 Hr
0.29%
APY
PHA
Phala Network
$0.20
-3.8% arrow up arrow down 24 Hr
3.42%
APY
TLOS
Telos
$0.32
13% arrow up arrow down 24 Hr
MYRIA
Myria
$0.00618
0% arrow up arrow down 24 Hr
OZO
Ozone Chain
$0.23
0% arrow up arrow down 24 Hr
VRSC
VerusCoin
$0.83
-6.1% arrow up arrow down 24 Hr
ARRR
Pirate Chain
$0.27
4.4% arrow up arrow down 24 Hr
PIVX
PIVX
$0.36
0.3% arrow up arrow down 24 Hr
0.5%
APY
FIRO
Firo
$1.79
-1.8% arrow up arrow down 24 Hr
4.99%
APY
CELL
Cellframe
$0.80
1.9% arrow up arrow down 24 Hr
HEZ
Hermez Network
$4.33
-2.4% arrow up arrow down 24 Hr
CULT
Cult DAO
$3.24E-6
0.9% arrow up arrow down 24 Hr
ZKB
ZKBase
$0.05
-1.6% arrow up arrow down 24 Hr
FRA
Fractal Network
$0.000633
-2.6% arrow up arrow down 24 Hr
UFI
PureFi Protocol
$0.12
15.1% arrow up arrow down 24 Hr
FRIN
Fringe Finance
$0.00165
104% arrow up arrow down 24 Hr
XFT
Offshift [Old]
$0.45
4.8% arrow up arrow down 24 Hr
ZCL
ZClassic
$0.06
0.2% arrow up arrow down 24 Hr
BLKC
BlackHat
$0.03
-2.2% arrow up arrow down 24 Hr
MASA
Masa
$0.11
0% arrow up arrow down 24 Hr
LAI
LayerAI
$0.04
0% arrow up arrow down 24 Hr
MAW
MawCAT
$5.0E-5
0% arrow up arrow down 24 Hr
SAVM
SatoshiVM
$2.97
0% arrow up arrow down 24 Hr
MAZZE
Mazze
$0.00673
0% arrow up arrow down 24 Hr
CARMIN
Carmin
$0.00895
0% arrow up arrow down 24 Hr
ZKP
Panther Protocol
$0.02
0.2% arrow up arrow down 24 Hr
DG
DeGate
$0.12
-89% arrow up arrow down 24 Hr
MUTE
Mute
$0.82
0.6% arrow up arrow down 24 Hr
ZZ
ZigZag
$0.03
0% arrow up arrow down 24 Hr
EGS
EdgeSwap
$0.000997
0% arrow up arrow down 24 Hr
WHIRL
Whirl
$0.77
0% arrow up arrow down 24 Hr
HID
Hypersign Identity
$0.05
0.6% arrow up arrow down 24 Hr
:ZKT:
ZkTsunami
$0.02
0% arrow up arrow down 24 Hr
VAL
Valkyrie Network
$0.09
0% arrow up arrow down 24 Hr

What is zero knowledge proof?

Zero knowledge proof method was invented by MIT researchers Shafi Goldwasser, Silvio Micali, and Charles Rackoff in 1985. It is a cryptography concept of an interactive proof system. Zero knowledge proof method is that one of the parties we will call the verifier will provide evidence that the transaction or an event happened but this will be done without revealing any details like a passcode, key, PIN, or, other details.

It is not very simple to understand in a technical term. I will explain it with an example. Let's imagine a two blocks apartment building. This building has two garages and two separate garage entrances for each block A and B. There is a door between garages. There is a man in the building we will call him ‹prover› and there is another man on the street we will call him ‹verifier›. Verifier calls prover and tells him to exit from door A or B. And they repeat this 100 times. If the prover exits from the right door each time, then the verifier can be sure that the prover has the key to open the door between blocks which makes him someone in charge or authorized in the building. If the prover fails to exit from the door verifier wanted. It means prover doesn’t have the key for the middle door. Then we understand that that person is not authorized or in charge at the building.

Zero Knowledge Proof Method on Blockchain

Zero knowledge proof is a method to improve security in an efficient way by reducing the amount of information. It is sometimes called ZK protocol. ZK protocols are becoming a hot topic in order to create faster and more secure transactions on a blockchain. ZK protocol focuses on privacy since everything is fully transparent on other blockchains.

ZK protocol can be used for authentication purposes. Users don’t need to reveal their passwords to be granted an entry. ZK Protocol allows users to be verified that they have a password or required key for the relevant system. ZK protocol is used by many cryptocurrencies. Many projects are on the way. The most popular cryptocurrency based on zero knowledge proof method is Z-cash

Z-Cash

Z-cash is created in 2016 in an effort to create a similar cryptocurrency like Bitcoin with the purpose of anonymity and security. Developers created a fork on the Bitcoin blockchain and added some features based on zero knowledge proof method. Z-Cash blockchain uses the zk-SNARK security protocol which is also used by Ethereum since its Byzantium update in 2017. Z-Cash blockchain doesn’t expose the information about the transactions, unlike Bitcoin. Z-Cash encrypts the information of the sender, receiver, and amount.

Z-Cash blockchain allows users to enjoy different transaction types; public, shielding, deshielding, and private. Transaction types depend on privacy. Both sender’s and receiver’s address is exposed in public transactions, while private transactions disclose both information. The shielding type shows the sender’s info, and the deshielding type shows the receiver’s info only. Z-Cash blockchain has advanced features for users to protect their anonymity.

Future of Zero Knowledge Proof

Decentralized blockchain technology provides a new transparent financial system. Anyone with an internet connection can easily check different wallets and transactions online. Zero knowledge proof acts as a tool for a more private decentralized financial system. ZK protocols gain popularity, especially in 2021. ZK protocols are used to scale the Ethereum blockchain and to create layer 2 solutions.

Authorities think that ZK technology is going to be an essential part of web3 developments. Web3 projects aim to create a fully decentralized internet without borders and government authorities where individuals will have more freedom and anonymity. Interoperable cross-chain scaling solution projects become more and more popular in a near future. ZK protocols will play an essential role in those projects.

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Zero Knowledge Proof Coin Comparisons

Article by Yunis
30 June 2021 (Updated 23 May 2024)
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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