StarkWare, Herodotus launch tech to verify data from any point in Ethereum’s history
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A new zero-knowledge proof (
Herodotus co-founder Kacper Koziol added that the accumulator is an innovation that Ethereum has long needed to align with blockchain principles of transparency and accessibility. The technology will essentially allow any use to access any point in Ethereum’s history.
“This will be very powerful. For the first time in the history of blockchains people are going to be able to prove the correctness of any aspect of anyone’s on-chain information.”
The two teams highlight the potential for storage proofs to build “Web2 equivalent applications” tapping into the pioneering ability to access and verify Ethereum blockchain data autonomously.
Account recovery is touted as one potential use case, where the ability to verify on-chain data could be used to trigger a proverbial dead man’s switch, or to automate insurance protocols that use historical on-chain events to trigger smart contract payouts.
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