In February of 2022, Dusk Network released PlonKup
PlonKup is a fully succinct ZK-SNARK that utilizes an updateable universal structured reference string, which can be securely reused for new applications. Older ZK-SNARK systems require a so-called trusted setup for every single use case, with elaborate multi-party computation (MPC) procedures to uphold security parameters. This made it very difficult, if not impossible, for networks to also scale effectively. Thanks to PlonKup, use cases are theoretically unlimited once the network completes its first and only trusted setup.
PlonKup is a fantastic innovation and will allow networks to scale, easily. Dusk has long been committed to research and has a dedicated cryptography team, who continue to be at the forefront of cryptographic research.
To learn more about PlonkUp, read the full article here.
In November ‘22 the team attended the 5th ZKP Workshop in Israel to discuss PLONK standardization and the research team has contributed to valuable insights into Full Cycle Elliptic Curves. We look forward to continuing to push the envelope in 2023.
About Dusk Network
Dusk Network is the privacy blockchain for financial applications. A new standard for compliance, control, and collaboration. Our mission is to enable enterprises of any size to collaborate at scale, meet compliance requirements and ensure that personal and transaction data remains confidential.