Glossary

This glossary provides quick definitions for key terms used throughout the ZKFund documentation.

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DAO (Decentralized Autonomous Organization) An on-chain organization governed by smart contracts and predefined rules rather than centralized control.

ZKFund A privacy-first infrastructure protocol for fund governance and execution using zero-knowledge proofs.

Fund Vault A private on-chain vault that holds and manages assets under ZK-governed rules.

zkID (Zero-Knowledge Identity) A cryptographic identity that proves membership or authorization without revealing wallet addresses or personal identity.

Role A permission category within a fund or DAO (e.g., Founder, Board, Signer, LP, Auditor, Executor).

Proof-of-Role A zero-knowledge proof that demonstrates a zkID holds a specific role.

Proposal A structured request to perform an action such as a swap, withdrawal, allocation, or configuration change.

Voting Quorum The minimum participation requirement for a proposal to be considered valid. In ZKFund, quorum may be hidden.

Threshold (m/n Multisig) The number of approvals required out of a defined signer set (e.g., 3-of-5).

ZK Voting A voting mechanism where eligibility and vote weight are verified using zero-knowledge proofs, without revealing voters or choices.

ZK Multisig A multisignature execution model where approvals are proven cryptographically instead of via visible signatures.

Signer An authorized participant who can approve proposal execution.

Executor An entity that triggers execution once all cryptographic conditions are satisfied.

LP (Liquidity Provider) A participant who deposits capital into a private fund vault and holds a provable share.

Stealth Treasury A treasury model where balances, addresses, and transaction history are not publicly visible.

ZK Pool The private settlement layer used by ZKFund to execute asset movements without traceability.

Settlement The final execution of an approved action, performed privately and confirmed via proof receipts.

Proof Receipt A minimal on-chain record that confirms an action or decision occurred and was valid, without revealing sensitive data.

Selective Disclosure A mechanism allowing limited data to be revealed to specific parties (e.g., auditors or regulators) under governance control.

Finalize The step where a proposal’s outcome becomes immutable and execution is unlocked.