TRON Will Soon Include Zcash-Based Privacy Features

The team behind the TRON cryptocurrency recently outlined its plans for the future and as they said, Tron will soon feature zero knowledge-based privacy through the work of the TRONZ team – and a trusted setup ceremony is set to be conducted soon as well.

As an official blog post by the team said in the Tron news today, the company aims to “set a new Guinness World Record” with this move.

For those of you who don’t know, TRONZ is basically a privacy initiative which is set to integrate Zk-SNARKs, the core privacy technology of Zcash (ZEC) in the Tron blockchain. Even though the team claims its implementation is the  “most efficient, and least resource-consuming privacy protocol in the world,” no further technical details were released.

The TRONZ network is built with the “advancement of blockchain technology in mind” and as we reported many times before, the team is certain that TRON will rise in terms of its value as a network. Now, the TRONZ team claims that it has allegedly “developed and tested the privacy protocol on the Tron network.” A mainnet release is set to occur soon, according to the post.

The goal of TRONZ is to introduce the privacy protocol to Tron smart contracts and allow developers to introduce private data within them. In addition to this, the blockchain latest news today show that the team wants to offer a blockchain-based Multi-Party Computation (MPC) solution for private computing needs.

The MPC technology is also designed to be used to conduct the trusted setup ceremony as it allows signers to safely participate in the creation of the parameters which are required for the setup. The inputs are split and each single participant does not reveal their secret to others during the parameter generation event, which can alleviate a lot of concerns of trusted setups.

Tron will soon start all of this, and if we look the project’s GitHub page we will see that a variety of repositories are directly “forked” or copied from the Zcash source code. This means that the majority of the privacy-related repositories (such as tron-zksnark, zksnark-java-sdk etc.) appear to have had no updates for several months.

All of this implies that Tron will soon roll out the new update and while the team may have worked only on the original Tron repositories to integrate the privacy technology, their implementation of Zk-SNARKs appears to be almost entirely copied from Zcash.