Abstract
In recent years, decentralized applications such as Distributed Ledger Technologies and blockchain have evolved as suitable applications for secure sharing of information in a decentralized fashion using privacy preserving techniques like zero-knowledge protocols. However, the biggest issue with the traditional zero-knowledge protocols on a blockchain ledger is their slow performance on big data. This paper presents the advance zero-knowledge ledger by replacing their range-proof technique with the most efficient range-proof technique based on the improved inner product based zero-knowledge proofs. Moreover, this technique allows the aggregation of multiple range-proofs into a single range-proof, which makes the current zero-knowledge ledger system more efficient than the existing one.
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•Traditional zero-knowledge protocols are slow on blockchain ledger.•This paper presents an advanced zero-knowledge ledger.•This advanced zero-knowledge ledger system is more efficient.