The Data Ownership Protocol (DOP) introduces a novel approach to privacy on the Ethereum blockchain through selective transparency enabled by zero-knowledge proofs (ZKPs). Let's dive into the technical underpinnings of DOP
Core Architecture:
ZK-SNARKs (Zero-Knowledge Succinct Non-interactive Arguments of Knowledge): DOP relies on SNARKs for privacy-preserving verification. Users prove possession of cryptographic keys and validity of transactions without revealing underlying data. Think of it as showing a closed box containing the data and proving its contents without opening it.
Privacy-Enhancing Multi-Signatures (PMS): DOP utilizes multi-signature wallets where specific parties must jointly sign transactions for validity. This enables customizable control over who can access and validate your data.
Decentralized Threshold Relays (DTRs): DTRs handle off-chain computations for SNARK proofs, safeguarding against centralization and potential collusion. Think of them as distributed computing nodes processing your secrets without access to the actual data. Show Less
