{"id":84844,"date":"2023-09-21T17:09:06","date_gmt":"2023-09-21T14:09:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84844"},"modified":"2025-09-12T19:48:47","modified_gmt":"2025-09-12T16:48:47","slug":"community-uncovers-video-about-hal-finney-and-zkps","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/community-uncovers-video-about-hal-finney-and-zkps\/","title":{"rendered":"Community uncovers video about Hal Finney and ZKPs"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-based project built on the Bitcoin network, Trust Machines published a video from 25 years ago, in which Bitcoin pioneer Hal Finney explains the essence<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-zero-knowledge-proof\"> zero-knowledge proofs<\/a> (ZKP).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">?\ufe0f NEW: Bitcoin legend Hal Finney discusses Zero-Knowledge Proofs in a newly unearthed presentation, made 25 years ago at Crypto \u201998 in Santa Barbara.<\/p>\n<p>Have you ever heard <a href=\\\"https:\/\/twitter.com\/halfin?ref_src=twsrc%5Etfw\\\">@halfin<\/a>&#8216;s voice before? ? <a href=\\\"https:\/\/t.co\/HdddworTsg\\\">pic.twitter.com\/HdddworTsg<\/a><\/p>\n<p>\u2014 Trust Machines (@trustmachinesco) <a href=\\\"https:\/\/twitter.com\/trustmachinesco\/status\/1704535500055527831?ref_src=twsrc%5Etfw\\\">September 20, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the video, the cryptographer who played a key role in the development of Bitcoin speaks at the Crypto \u201998 conference in Santa Barbara (California, USA).<\/p>\n<p>In it Finney praised his colleagues Ronald Cramer and Ivan Damg\u00e5rd for a &#8220;very efficient and fairly flexible&#8221; ZKP-based solution.<\/p>\n<p>Zero-knowledge proofs became the basis for one of the directions of rollups \u2014 the technology<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\"> L2<\/a>-networks, and also some <a href=\"https:\/\/forklog.com\/en\/news\/developers-launch-private-swaps-protocol-on-solana\">payment solutions<\/a>.<\/p>\n<p>Back in January this year, <a href=\"https:\/\/forklog.com\/en\/news\/first-bitcoin-transaction-marks-its-14th-anniversary\"> the 14th anniversary <\/a> of the first Bitcoin transaction was observed. The creator of digital gold under the pseudonym Satoshi Nakamoto then sent 10 BTC to cryptographer Hal Finney.<\/p>\n<p>Finney <a href=\\\"https:\/\/bitcointalk.org\/index.php?topic=155054.0\\\">\u0434\u043e\u0431\u044b\u043b<\/a> several blocks on his own personal computer. Since then <a href=\"https:\/\/forklog.com\/en\/news\/how-bitcoin-mining-works\"> cryptocurrency mining<\/a> has evolved into an industry that uses specialized high-performance devices, and the network&#8217;s hash rate exceeds 406 EH\/s. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trust Machines published a 25-year-old video in which Bitcoin pioneer Hal Finney explains the essence of zero-knowledge proofs.<\/p>\n","protected":false},"author":1,"featured_media":84845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[376,1317],"class_list":["post-84844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-hal-finney","tag-zkp"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84844"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84844\/revisions"}],"predecessor-version":[{"id":84846,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84844\/revisions\/84846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84845"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}