The Differences Between Proof of Work and Proof of Stake

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All transactions are encrypted before they get into a block. Then that means if I'm someone on the P2P layer, I can't know what's about being a block. This prevents anyone from front-running me because before it was finalized, all they got to see was an encrypted block. To get max security, you want it to be decrypted after finalization. And this is this private aspect, adding privacy in the mem pool,. So that ordering cannot be changed or you can't see something and try to get in front of it.

This week, Anna and Tarun chat with Sunny Aggarwal and Dev Ojha about their new project Osmosis, an AMM built into the Cosmos ecosystem using the IBC interoperability protocol.

Osmosis brings some interesting innovations to the AMM table, starting from the seamless IBC integration to customizable bonding curves and per-pool governance to promote experimentation. Sunny and Dev are also very passionate about the topic of MEV, diving into the various types of value extraction, how MEV is mitigated on other networks and how it could be largely eliminated on Osmosis through threshold cryptography.

Here are some links for this episode:

Anoma’s Adrian Brink on Validity Predicates, Ferveo DKG & More, Zero Knowledge Episode 184
CowSwap & DAO Tech with Gnosis’s Martin Köppelmann, Zero Knowledge Episode 183
Arkworks SNARK libraries with Pratyush Mishra, Zero Knowledge Episode 169
Threshold Decryption for mempool privacy with Dev Ojha, the ZKV event where Dev spoke earlier.
Flashbots with Phil Daian and Stephane Gosselin, Zero Knowledge Episode 168
General intro to Osmosis.

ZK Validator now supports OSMO staking delegation, so if you’re interested in supporting the network check out the info here: https://zkvalidator.com/osmosis

Thanks to this week’s sponsor, Least Authority!

Least Authority will soon be releasing a whitepaper on ZKAPs – Zero-Knowledge Access Passes. ZKAPs is an anonymous, token-based authorization protocol that facilitates an online exchange of value while disconnecting the necessary payment data from the day-to-day usage service data of customers.

If you'd like to be notified of the ZKAPs whitepaper and the latest security research projects, sign up for their monthly newsletter at https://leastauthority.com/newsletter/

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