Soe the roll up chain essentially a being unable to commit new os, or like finalized existing blocks while a theoriem is congested. Is not your ideal outcome either. So there are kind of, like some cost trade offs associated with zik roll ups. And it also gets very hard to audit these things. The average person can't look at a zero knowledge proof and tell you if it has bugs in it....
In this episode, Su and Hasu are joined by James Prestwich, one of the leading technical experts and thinkers in this space.
Topics covered:
- What is Blockstream Liquid
- The bug James found
- Disclosure and aftermath
- Sidechains, channels, plasma, and rollups
- How Bitcoin isolates itself from innovation happening on other chains (recommended reading)
- Bitcoin in DeFi
Su Zhu is the CEO and CIO of Three Arrows Capital.
Hasu is a cryptocurrency researcher and writer.
Together, they publish on Deribit Insights and uncommoncore.co.