4min chapter

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Episode 257: Proof of Solvency with Kostas Chalkias

Zero Knowledge

CHAPTER

Why Facebook Didn't Launch a Zero Knowledge Proof Project

I presented our first ideas, how we can add privacy to the original schemes of proof of solvency. I believe that Evan tank because he was like the head of research back then, he managed to build a very solid team. The reason that Libra didn't launch wasn't technical. We were ready technically even a year ago before the Libra project collapses. And it makes sense, right? After the Libra collapse, you've seen a few startups popping up. There is a reason for this. Because Facebook couldn't keep all of these people eventually,. Nobody would work for a project that wouldn't fly. Never launch.

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