The Future of Cryptocurrency

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The security counsel can only initiate freezing of the protocol, not immediately upgrading. So for example, we could rely on the broader protocol governance to decide what's going to happen with this problem. If it was a real problem, then the governance can approve an upgrade path forward. And we can go even further from there. Eventually we can build a system where the security counsel could freeze the contracts,. and then it would take the soft fork of the layer one itself to resolve the conflict if there is any problem there.

Alex Gluchowski is the Co-founder and CEO of Matter Labs and the creator of zkSync. Anthony Rose is the head of engineering at Matter Labs and has a background in software and machine learning. Prior to joining Matter Labs, Anthony spent a number of years in the industry building teams at SpaceX.

In today’s episode, the four talk about zkSync’s massive announcement, they’ve launched their zkEVM to mainnet! They also delve into the engineering challenges, what zk unlocks, the difference between zkEVM vs Optimistic Rollups, what builders need to know, and of course…wen token?!

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------ Timestamps

0:00 Intro 8:15 zkSync’s Era Mainnet Launch 8:53 The Importance of zkSync Era 9:53 zkSync Era 13:53 Staged Roll-Out 18:50 zkSync Era Projects 21:14 Engineering Challenges 26:25 What Does zk Unlock? 28:16 zkEVMd vs Optimistic Rollups 36:35 How Low Can Gas Fees Go? 39:22 The Power of zkEVMs 48:58 How is zkSync Era Different? 53:08 New Risks to Pay Attention to 55:35 Path to Decentralization & Security 1:03:42 What Do Builders Need to Know? 1:05:36 Resources 1:07:12 Token?! 1:08:20 Closing & Disclaimers

------ Resources:

zkSync Website https://zksync.io/

Alex Gluchowski https://twitter.com/gluk64

Anthony Rose https://twitter.com/anthonykrose

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