BitYuan (BTY) Public Chain Releases Zero-Knowledge Proof and Schnorr Signature Research

BlockBeats News, December 20, after BitYuan (BTY) Foundation announced its BTC Layer 2 ecosystem strategy in November, the technical community today released a research paper titled "Zero-Knowledge Proof and Bitcoin's Schnorr Signature," which analyzed in detail the three major attributes of zero-knowledge proof and the fundamental issues of zero-knowledge proof.

With the addition of new Bitcoin opcodes such as OP_CAT, Bitcoin is very likely to be able to achieve zero-knowledge proof verification in the near future, which will bring significant improvements to Bitcoin's privacy and scalability.

The BitYuan (BTY) technical community stated that they "will continue to conduct in-depth research on zero-knowledge proof technology and seize the opportunity of Bitcoin L2, which is more than 10 times larger than Ethereum L2."