Modular Proof Verification
Modular proof verification is a method that allows a separate service to check the accuracy of zero-knowledge proofs (ZK proofs), which are complex and costly to verify. This helps make running ZK rollups and ZK applications more efficient.
More terms under M
- Mnemonic PhraseA mnemonic phrase is a series of words that you can use to recover or access your cryptocurrency wallet.
- MnemonicsMnemonics are memory tools that use letters or associations to help you remember things. In cryptocurrency, this often refers to a mnemonic phrase, which is a…
- Mobile WalletA mobile wallet is an app on your phone that lets you store, send, and receive cryptocurrency.
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- Monetary Authority of Singapore (MAS)The Monetary Authority of Singapore (MAS) is Singapore's central bank. It controls the country's money supply, manages interest rates, and helps keep inflation…
- Monetary PolicyMonetary policy is how a country's central bank decides how much money to create or take out of circulation to manage the economy.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.