“Big Four” accounting firm EY has launched an improved tool that it says will reduce private transaction costs on Ethereum – the public blockchain. The tool implements third-generation zero-knowledge proof (ZKP) technology, a cryptographic method, which allows private transactions on public blockchains. EY said it will help make transactions more scalable by “significantly” reducing costs. […]The post EY releases improved privacy solution for Ethereum, claiming to help cut transaction costs by over 90% appeared first on The Block.