ConsenSys was a leading developer of (this Thursday)ETHSoftware, announcing the launch ConsSys Rollups enterprise software. This service is available at Constructed on the basis zero-knowledge proofs (ZK).This is a way to safeguard specific elements of transactions, like account balances and sender/recipient wallet addresses, and transaction amounts, to ensure privacy for each user.

Nodes can validate sensitive encrypted data such as personal information by using zero-knowledge proofs. This allows nodes to verify the data without disclosing the underneath. As users worry that blockchain forensics firms like Chainalysis could track their transactions, such cryptographic techniques are becoming increasingly popular. All transactions have been made publically available since their creation. Because of this, their underlying tokens are less private than transactions that were physically cash.