The idea of proof of reserve through ZKPs to prove that there is some sort of funds backing the activity that's happening. The way this works is the exchange basically commits to its assets. So it will give us zero knowledge proof that it has so many assets on chain. And then it commits to its obligations. This commitment really does represent the obligations that the exchange has to its customers. It would be more complicated if there was a swap, if there was any decks in there, any sort of action.
On this week’s episode, Anna and Kobi Gurkan chat with Dan Boneh, Professor of Computer Science at Stanford and Director of the Stanford Center for Blockchain Research.
They cover an expanse of topics: from how strides have been made within the development of zkEVMs to how trusted set ups could be integrated into the blockchain itself. This episode covers open problems in ZK such as how to generate ZK proofs on large amounts of data such as video and what solutions could be implemented when attempting to run a DAO with a private treasury.
Here are some additional links for this episode:
Today’s episode is sponsored by Mina Protocol
The need for private, trustless solutions has never been more clear.
Introducing Mina’s zkSpark Cohort 0, where developers share tutorials and build zero knowledge apps, or zkApps, and get rewarded. There are a quarter-of-a-million Mina tokens up for grabs for zkSpark Cohort 0 participants.
Mina’s zkApps are written in Typescript, so developers can easily get started without learning a custom programming language like other zk protocols.
To sign up for zkSpark Cohort 0 head to minaprotocol.com/zkpodcast.
Mina will be launching additional zkSpark Cohorts, just visit minaprotocol.com to check out the best way to get involved.
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