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🎙 COINMAG Daily · November 12Bitget hack routes $78.6 M of Bitcoin through CoinJoin mixersListen 1hCOINMAG Digest · November 117.71 million gamers pre‑loaded GTA VI ahead of launchRead the issue 19h🎙 COINMAG Daily · November 11Visa’s Monad Deal pushes stablecoin run rate past $25 BListen 1dGrayscale commits $1 million to Zcash ecosystem amid ETF outflowsGrayscale will reinvest all sponsor fees from its Zcash ETF into the network and has issued four $100,000 grants, while the fund sees its assets shrink.Open 2d🎙 COINMAG Daily · November 10Nvidia slides 8% as CEO scandal threatens $350 B market valueListen 2dCOINMAG Digest · November 9Formation Securities files to launch 24/7 tokenized…Read the issue 3dFormation Securities files to launch 24/7 tokenized stock market on SoFormation Securities has applied to the SEC for permission to open a Solana‑based exchange that would trade tokenized US equities around the clock, aiming for aOpen 3d🎙 COINMAG Daily · November 9Bitcoin dips to $75,618 as AI panic and US midterms shake marketsListen 3d
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Crypto glossary

What is a zero knowledge proof? Meaning in crypto

A zero knowledge proof is a cryptographic method that lets one party prove a statement is true, for example that a transaction is valid, without revealing anything else.

Where they are used

ZK rollups use proofs to show Ethereum that thousands of transactions were processed correctly. Privacy coins like Zcash hide amounts and addresses. Identity systems can prove you are over 18 without sharing your birth date.

Why they took off

Proofs used to be slow and costly to generate. Advances in proof systems and hardware made them practical, and ZK technology is now central to Ethereum's scaling plans.

Questions

What is a zkEVM?

A ZK rollup that runs Ethereum smart contracts, letting existing apps move over with few changes.

Are zero knowledge proofs only for privacy?

No. Today they are used even more for scaling and verification.

More terms

What is a blockchain oracle? Meaning in crypto

A blockchain oracle brings outside data, such as prices, onto the chain for smart contracts. Why oracles matter for DeFi security.

What is a DAO? Meaning in crypto

A DAO is a decentralized autonomous organization run by token holder votes. How DAOs make decisions and the problems they face.

What is a crypto ETF? Meaning in crypto

A crypto ETF is an exchange traded fund that tracks a cryptocurrency, letting investors buy exposure through a regular brokerage account.

What is yield farming? Meaning in crypto

Yield farming means moving crypto between DeFi protocols to earn the highest returns. How it works and why high APYs carry high risks.

What is APY? Meaning in crypto

APY, or annual percentage yield, shows yearly returns including compounding. How APY differs from APR in crypto staking and lending.

What is crypto mining? Meaning in crypto

Crypto mining is the process of securing proof of work blockchains like Bitcoin and earning new coins. How mining works and whether it pays.

All terms

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