The Importance of Zero Knowledge in the Blockchain Context

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Zero knowledge is often known as an accountability or integrity technology, so it basically tells you that some compute was done correctly. It's often been used to compress information and then in the place of blockchain, bring that information on chain while retaining the security standard. The metaphor we like to use a lot is that it's hard to complete a Sudoku puzzle but once a Sudoku puzzles is completed, it is easy to verify that it was done correctly - just like ZK does. In terms of the size of compute, it doesn't get much larger than machine learning models.

Welcome to Bankless, where we explore the frontier of internet money and internet finance. In this 8-episode series, we are exploring some new frontiers. New frontiers in new technologies, all of which are poised to completely revolutionize the world and change everything about the operating system that society is currently running.

This video features two conversations with big-brain builders Daniel Shorr of ZKML and Justin Drake of the Ethereum Foundation. Although cryptography quickly falls down a technical rabbit hole, it looks like we're entering a new golden age of cryptography.

Keep an eye out as we roll out the rest of these boundary-pushing episodes!

----- BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum

🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle

----- Timestamps:

4:00 DANIEL SHORR 6:00 Cryptography and AI 9:15 A Computing Explosion 13:10 On-Chain AI Models 15:45 Modulus Labs 19:15 Compute Integrity 24:00 A Verifiable World 26:15 Accountability for Machine Models

31:00 JUSTIN DRAKE 33:30 Nova Cryptography 39:00 Decentralizing zk-Rollups 43:30 The Future of Rollups 47:35 Improving Validity 50:45 This is a Big Deal 54:20 Justin’s Zuzalu Experience

---- Resources:

Daniel Shorr https://twitter.com/realDanielShorr?s=20

Modulus Labs https://www.moduluslabs.xyz/

Justin Drake https://twitter.com/drakefjustin?s=20

---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures