πOP_ZKP Opcode Upgrade Proposal
Last updated
Last updated
Introduction
The OP_ZKP Opcode Upgrade Proposal introduces an innovative soft-fork upgrade to Bitcoin, aiming to implement zero-knowledge proof (ZKP) capabilities directly on the Bitcoin network. This proposal leverages the custom-built Tea/Horse proving system, enabling Bitcoin users to perform computations on-chain with privacy, scalability, and improved programmability in mind.
What is OP_ZKP?
OP_ZKP proposes a new Bitcoin opcode dedicated to zero-knowledge proofs. By incorporating this opcode, Bitcoin gains advanced cryptographic tools that allow users to verify transactions and execute smart contracts with enhanced features. This development could foster new applications within Bitcoin, such as private transfers, scalable dApps, and cross-chain integrationsβall while retaining Bitcoin's core principles of decentralization and security.