Zcash Sprout setup ceremony held
Labels: Sprout setup, Multi-party ceremonyZcash’s original (“Sprout”) privacy system relied on zk-SNARKs, a kind of zero-knowledge proof that needs public parameters created ahead of time. A multi-party computation “ceremony” generated these parameters, designed so security holds as long as at least one participant destroyed their secret randomness. This was a key trust and security milestone before launch.