The story of EIP 1559 was controversial at the time, right? Like people didn't want this to happen. What really happened is that there was a very loud minority. Maybe 1% were against it, but they were pretty loud about it. And I think part of it was around the novelty of it and the fact that the community wanted to push it through quite quickly. It had only gone through two or three years of due diligence and maybe we needed to do more serious due diligence.
In this episode, Anna explores the concept of Ultrasound Money with Justin Drake from the Ethereum Foundation. They kick off with updates on his work in VDFs, MEV and censorship resistance, alongside his particular interests in ZK and how the progress VRFs have made can be applied in Ethereum’s POS architecture. They then dive into the original concept of Ultrasound Money and where Justin sees it progressing to in the future, including the current status around issuance.
Here are some additional links for this episode:
RISC Zero announce the next version of their ZKVM is now available on GitHub at github.com/risc0
Today’s episode is sponsored by Mina Protocol
The need for private, trustless solutions is clear. A new era of ZK powered decentralized applications is coming – and Mina is the place to build them.
Introducing Mina’s zkIgnite Cohort 0, where developers complete tutorials and build zero knowledge apps, or zkApps, and get rewarded. There are a quarter-of-a-million MINA tokens up for grabs for zkIgnite Cohort 0 participants.
Cohort 0 is finishing soon so head to minaprotocol.com/zkpodcast to get involved today.
If you are tuning in to this podcast later, no worries! Mina will be launching additional zkIgnite Cohorts, just head to minaprotocol.com/zkpodcast to check out the best way to get involved.
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