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4min chapter
Episode 107: Centrifuge and zkSNARKs in action with Lucas Vogelsang
Zero Knowledge
The Future of Borrowing and Lending in Blockchain
The chapter explores the limitations of current decentralized finance (DeFi) products and proposes a system that allows borrowing against unsecured loans to improve the financial system. The speakers also emphasize the significance of transparency and code enforcement in blockchain to avoid crises similar to the mortgage crisis.
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