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Glossary: Z

A curated list of key crypto, trading, and 3Commas terms beginning with Z

Updated over 3 weeks ago

Zero Confirmation Transaction

A transaction that has been broadcast to the network but has not yet been added to a block. It is not yet irreversible.

Zero Knowledge Proof

A cryptographic technique where one party can prove the truth of a statement to another without revealing any additional information beyond the validity of the statement.

Zero Knowledge Rollup

A Layer 2 scaling solution that bundles many off-chain transactions and submits a single proof to the main chain, ensuring validity without revealing sensitive data.

Zero-Knowledge (ZK) Hardware

Specialized processors designed to generate zero-knowledge proofs faster and more efficiently, enhancing blockchain scalability and privacy.

ZK Coprocessor

An off-chain processor that handles complex computations and generates zero-knowledge proofs, enabling efficient blockchain interactions without compromising trust.

Zk-SNARKs

Short for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge.” A proof system used to confirm ownership of data or actions without revealing the data itself.

zkApps

Decentralized applications built with zero-knowledge proofs, particularly zk-SNARKs or zk-STARKs, enabling private and scalable smart contracts.

ZKML (Zero-Knowledge Machine Learning)

A method to prove the integrity of machine learning model predictions without revealing the underlying data or model logic.

zkOracle

A decentralized oracle that uses zero-knowledge proofs to transmit data securely and privately between blockchains and off-chain sources.

zkSharding

A proposed method for Ethereum scaling where each shard runs parallel execution environments and relies on zk-proofs for cross-shard security.

zParachain

A Polkadot-based parachain dedicated to bridging external blockchains using zero-knowledge proofs and cross-ecosystem compatibility.

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