EY releases third-generation zero-knowledge proof blockchain technology, which can reduce transaction costs through batch processing

Ernst & Young's official announcement today shows that Ernst & Young has released the third-generation Zero Knowledge Proof (ZKP) blockchain technology in the public domain on the Ethereum public blockchain. The third-generation ZKP blockchain technology can significantly reduce transaction costs by batch processing multiple private transfers in one transaction, helping to make private transactions on the public blockchain more scalable.