Crypto Abecedarium
Z
Zero-Knowledge Proof (ZKP): Zero-Knowledge Proof is a cryptographic method that allows one party (the prover) to prove to another party (the verifier) that they possess certain information without revealing the actual details of that information. This concept is fundamental to privacy-focused technologies and protocols within the cryptocurrency space, such as zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) used in privacy coins like Zcash.
Zap:In the context of DeFi (Decentralized Finance), "Zap" refers to a type of financial tool or smart contract that allows users to easily allocate funds across different DeFi protocols in a single transaction. Zaps are designed to simplify and automate the process of entering or exiting various DeFi positions, optimizing the allocation of assets based on predefined strategies.
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