White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award

The paper, released in 2014, lays the foundations for blockchain privacy and scaling.

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A decade-old research paper seen as a “blueprint” for the first practical use of zero-knowledge proofs (ZK-proofs) has received an award from the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization.

According to an announcement shared with Cointelegraph, the “genesis paper” — “Zerocash: Decentralized Anonymous Payments from Bitcoin” — helped pave the way for ZK-proofs in crypto and has now been awarded the “Test of Time” award at the IEEE Symposium on Security and Privacy.

“The award acknowledges the paper’s broad and lasting impact on both research and practice in computer security and privacy,” StarkWare wrote in a statement.

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