SurferMonkey: Leveraging zkMiners to Optimize Blockchain Gas Costs and Enhance Privacy
The advent of blockchain technology has revolutionized various sectors, with its potential for decentralized, transparent, and secure transactions. Yet, as with any burgeoning technology, it has its challenges — one of which is the high gas cost associated with on-chain transactions. SurferMonkey, a forward-thinking start-up, is revolutionizing this landscape by leveraging zkMiners, thereby optimizing gas costs and ensuring transactional privacy across multiple blockchains.
zkMiners: Reducing Gas Costs and Complexity
zkMiners serve as an innovative solution for creating a Global Merkle Tree off-chain, a task that traditionally consumed considerable time and resources when done on-chain. Each leaf of this Global Merkle Tree represents valid transactions from all blockchains that SurferMonkey supports. Previously, whenever a new leaf was added, all levels of the Merkle Tree on each chain had to be updated to reflect the new Root. As the number of leaves (and thus, levels) increased, the procedure grew more time-consuming and costly.
By shifting this process off-chain, zkMiners can accomplish the task with more efficiency. They construct and maintain the Global Merkle Tree, thereby reducing the gas costs associated with adding and updating leaves. Not only does this optimization conserve resources, but it also brings us a step closer to achieving a seamless and cost-efficient blockchain ecosystem.
Ensuring Anonymity Across Chains
Another crucial benefit of the Global Merkle Tree is the provision of enhanced privacy and anonymity for transactions, whether they’re single-chain or cross-chain. When a transaction enters the SurferMonkey system, the target blockchain remains unknown. This obfuscates the transaction’s destination, offering an additional layer of privacy to users.
Moreover, once a transaction settles via the ZKP on the target blockchain, its source becomes indeterminable. This inherent anonymization provides a protective barrier, securing the privacy of user transactions across all supported blockchains.
Oracles and the Signing Engine: Guarding Against Malfeasance
zkMiners serve as an Oracle off-chain entity, presenting the potential for collusion due to their inherent power. To guard against this and other possible attack vectors, SurferMonkey employs a Signing Engine, an unbiased actor that serves as a protective barrier.
The Signing Engine’s key role is to validate all valid leaves within the system by providing their signatures. Users then obtain the signature for their leaf, a data object that, among others, is used to reconstruct the Zero-Knowledge Proof (ZKP). If a user has an incorrect signature or the signature from an incorrect public key, the ZKP reconstruction will fail, and the smart contract will reject the data package.
Notably, the Signing Engine supports Threshold Signature Scheme (TSS), allowing dApps to override with their own signatures. This safeguard ensures the veracity of transactions while protecting the integrity of the system.
Final Thoughts
At SurferMonkey, we are deeply committed to fostering a more efficient, secure, and privacy-oriented blockchain ecosystem. Our innovative use of zkMiners and the Signing Engine not only optimizes gas costs but also bolsters transactional privacy and safeguards the integrity of transactions. By addressing the drawbacks of traditional Oracles, we aim to pave the way for a future where blockchain technology is universally accessible, efficient, and secure.
Indeed, in this blockchain journey, SurferMonkey isn’t just riding the waves — we are helping to shape them.
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