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Joined November 2019
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Everyone is panicking over privacy and cross-chain interoperability in the DeFi world.
No one should have to compromise their privacy when conducting transactions across different blockchains.
Thatβs where #KindredSwap comes in.
Hereβs why π§΅π
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HOW ZERO-KNOWLEDGE PROOFS WORK: PROVING SOMETHING WITHOUT REVEALING IT π
Imagine proving something is true without revealing the information behind it.
That's the power of zero-knowledge proofs, a technology helping blockchains improve privacy and scalability.
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WHERE ZK TECHNOLOGY FITS IN CRYPTO
Some projects use zero-knowledge technology for scaling, while others focus on privacy or verifiable computation.
$ZK is associated with ZKsync, an Ethereum scaling ecosystem that uses zero-knowledge proofs.
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THE BIG TAKEAWAY
Zero-knowledge proofs allow systems to verify claims without necessarily revealing the information behind them.
They can improve privacy and blockchain scalability, but each use case comes with different trade-offs.
#Crypto #ZeroKnowledge
HOW CRYPTO BASIS TRADING WORKS: WHY FUTURES TRADE ABOVE OR BELOW SPOT ππ§΅
Why can $BTC futures trade above Bitcoin's spot price?
The difference is called the basis. It can reveal market conditions and create trading opportunities, but it doesn't guarantee profit.
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WHAT CAN ERASE YOUR RETURNS? β οΈ
β’ Trading fees
β’ Borrowing costs
β’ Funding payments
β’ Slippage
β’ Margin requirements
β’ Exchange or counterparty risk
A large quoted basis can look attractive, but net returns depend on the full cost of maintaining and closing the trade.
