introduced the concept of proof-of-innocence, a means to validate tokens within privacy systems without revealing transaction origins. This concept underscores the importance of privacy and ongoing efforts to optimize zk-SNARKs for seamless integration into mainstream finance.has fully embraced a consensus mechanism, but challenges endure. These include simplifying the protocol, addressing centralization concerns and streamlining participation, notably through proof of stake.
In the realm of smart contract security, notable efforts have been made since 2017. Fast forward to 2023, and Ethereum has made significant progress in this arena. Buterin noted that the frequency of hacking incidents has dramatically decreased since the notorious DAO hack. Improved security measures and heightened awareness within the
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