/biz/ - Business & Finance

>>55476766

For-hire auditors are a thing, the Monero team makes regular use of them.

There will always be bugs, the more time that passes without a devastating one being found the more confident you can be it isn't there. But you can never have 100% assurance.

>>50171625
>Its an acceptable risk, literal scientists are working on ZKPs.

You could have Albert fucking Einstein himself working on ZKP, it still doesn't mean there isn't a fatal flaw lurking somewhere in all that moon math. This is precisely why it typically takes 10-20 years worth of peer review and beta-testing for novel cryptography to be considered safe enough for mainstream applications.

There are no short-cuts when potentially trillions of dollars are on the line.

>>49833907
>it's been almost 20 years that zk-snarks have seen use

lol zk-SNARKs as used in ZEC debuted in 2015.

http://www.cs.tau.ac.il/~tromer/papers/vnsnark-20150509.pdf