2 ms·
> Zcash used a multiparty setup of 6 people That's true of the original (Sprout) SNARK, but the newer (Sapling) SNARK used a much more scalable MPC ceremony, w
by dlubarov 8y ago
> Zcash used a multiparty setup of 6 people
That's true of the original (Sprout) SNARK, but the newer (Sapling) SNARK used a much more scalable MPC ceremony, which they called Powers of Tau: https://z.cash.foundation/blog/powers-of-tau/ https://z.cash.foundation/blog/powers-of-tau/
There was a public call for participation at the time, so if you wanted to be sure that the ceremony was not corrupted, you could just participate yourself.
For backwards compatibility, the Sprout SNARK can still be used, so if the original ceremony was compromised, an attacker could still create coins "out of thin air". But converting a Sprout account to a Sapling account requires making the amount public, so if the number of coins converted exceeded the intended currency supply, that would be detected. Worst case scenario, a hard fork could be arranged to disable the Sprout SNARK.
- matthewdgreen 8y agoThe original Sprout SNARK has been disabled and replaced with a new implementation based on the powers of tao ceremony. You can still spend Sprout coins, but not with the old parameters.