GRVT: Breaking the On-chain Transaction Privacy vs. Transparency Trade-off Dilemma with Zero-Knowledge Proof

Blockbeats
06-02

BlockBeats News, June 2nd, according to official sources, the hybrid crypto trading platform GRVT stated that the "Transparency vs Privacy" debate in on-chain transactions is never a zero-sum game. In fact, GRVT's architecture itself provides the answer. Users can maintain transparency without the need to disclose their transaction positions because the Zero-Knowledge Proof (ZK Proof) technology has already addressed this issue.

The specific approach is as follows: GRVT has built a transaction platform on a private Layer 2 network (ZKsync's Validium chain). This means that GRVT uses zero-knowledge proofs to validate off-chain data such as order size, price, holdings, and time — all of which are critical and confidential transaction strategy information. Subsequently, this data validated by ZK proofs is submitted to the Ethereum mainnet (L1) to ensure data integrity, which is a crucial foundation of blockchain transparency.

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