The Rise of ZK Rollups in Blockchain

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This chapter explores the shift from optimistic to zero-knowledge rollups in blockchain technology, highlighting the complexities and costs associated with current systems. It underscores the importance of ZK virtual machines for scalability, recent reductions in ZK proving costs, and ongoing efforts to enhance efficiency in the ecosystem.

In this episode, Uma Roy, Co-founder and CEO of Succinct Labs, joined us to dive into the world of zkVMs! We cover Succinct’s Prover Network & SP1, why zkVMs are needed, and the importance of being open source. Additionally, we speculate on whether or not all rollups will eventually become zkRollups. Finally, we discuss Succinct’s go-to-market strategy, the market for zkVMs, and Succinct’s vision for the future.

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Join the aggregated future today by applying at https://polygon.technology/grants

Join us at Permissionless III. Use code 0x10 for a 10% discount: https://blockworks.co/event/permissionless-iii

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Timestamps:

(0:00) Introduction

(2:24) Why Are zkVMs Needed?

(4:58) Tradeoffs vs Other VM Environments

(8:21) The Importance of Being Open Source

(11:41) Decentralized Prover Networks

(17:31) SP1: Primary Customers & Cost Improvements

(22:51) Permissionless III Ad

(24:05) Polygon Ad

(24:56) Will All Rollups Become zkRollups?

(28:32) Succinct's Go-to-Market Strategy

(35:03) The Market for zkVMs

(38:07) Audits, Proof Generation, and Succinct's Vision for the Future

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.