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Merge pull request #17 from smartkek/ivan/readme

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benefits indentation fixed
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Ivan Ivanitskiy 2019-06-23 16:23:00 +03:00 committed by GitHub
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@ -29,6 +29,7 @@ To better understand the workflow, please review the scheme.
LAZY SNARK provides the following benefits compared to checking zk-proofs on-chain:
- It doesn't require much gas. In case of e.g. mass exit the zk-proofs verifications will take all the gas in the block. LAZY SNARK won't.
- It is ~10 times cheaper than verifying zk-proofs in Ethereum smart contract. Checking zk-proof on-chain costs ~$1 (gasprice and ETH price on June 23, 2019). Checking them in Fluence costs ~$0.01. Since we still need to put data and proofs on-chain, the whole system operation will cost 10 times less than checking the proofs on-chain.
LAZY SNARK provides the following benefits compared to checking zk-proofs locally:
- It is trustless unlike checking zk-proofs locally. All the proof check results are available on Fluence via Arweave front end.
- The results are public, so everyone will be able to see which proofs are valid and which proof suppliers are honest.