What Is Zero-Knowledge Proof (ZKP)? How Status Network Uses ZK for Privacy
A zero-knowledge proof (ZKP) lets one party prove a statement is true without revealing any data beyond the truth of that statement. In blockchain, ZKPs
Status Network is the first reputation-based L2 designed for humans and bots, enabling gasless transactions and composable privacy at scale. Today, we are introducing Bermuda,
GUSD is a yield-bearing meta-stablecoin built for Status Network. Deposit USDC, USDT, or USDS and receive GUSD, a single token that automatically allocates your capital
Most Layer 2 networks today still use gas fees. Even when those fees are low, users must hold native tokens, manage balances, and deal with
The Ethereum Dencun upgrade, activated on March 13, 2024, introduced EIP-4844 (proto-danksharding). This created a new data type called "blobs" that Layer 2
For years, the promise of blockchain technology has been hindered by a fundamental economic floor: the transaction fee. On gas-based networks, any interaction whose value
Ethereum gas is a unit that measures the computational work needed to process a transaction. Every action on Ethereum costs gas, paid in ETH. Fees
Data Availability (DA) is the cryptographic guarantee that all transaction data within a blockchain block is fully accessible for download and verification. Without DA, Layer
A zero-knowledge proof (ZKP) lets one party prove a statement is true without revealing any data beyond the truth of that statement. In blockchain, ZKPs
A liquidity pool is a smart contract holding paired tokens that traders swap against instead of matching orders with a counterparty. An automated market maker
A collateralized debt position (CDP) lets you lock crypto assets in a smart contract and mint stablecoins against them. You keep exposure to your collateral
A zkEVM (zero-knowledge Ethereum Virtual Machine) is an Ethereum Layer 2 that runs smart contracts the same way Ethereum does. It then generates a cryptographic
A blockchain bridge is a protocol that moves assets between two separate networks. Bridges lock tokens on one chain and mint or release matching tokens
On-chain governance lets participants vote on protocol decisions without intermediaries. Results live on-chain. Smart contracts run them right away. Two models lead today: token voting,
EIP-4844, activated in Ethereum's March 2024 Dencun upgrade, introduced blob transactions: a new data type that lets Layer 2 rollups post data to
Yield farming is an active DeFi strategy where users move capital between protocols to chase the highest available returns. Native yield is passive. It comes