ZK Validium: A Cryptographic Proof of Stake Polygon Chain

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The ZK Validium is a cryptographic proof that prevents the operators of this rollup from stealing your assets. The trade-off is that you do not have the same assurances of having your data, but at least they can't steal your assets. And so it's basically like what's left is a griefing attack, as they can only prevent you from withdrawing. So there's no incentive for them to do anything else because they can't stolen it from you.

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------ Timestamps & Resources

00:00 Intro

4:46 MARKETS https://blockworks.co/news/ethereum-staked-to-flip-eth https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators https://twitter.com/eigen_intern/status/1671178301149265920?s=20

18:16 Blackrock Bitcoin ETF https://twitter.com/Delphi_Digital/status/1671221306413416461?s=20 https://www.coindesk.com/business/2023/06/15/blackrocks-ishares-files-paperwork-for-spot-bitcoin-etf/?utm_source=twitter&utm_term=organic&utm_medium=social&utm_campaign=coindesk_main&utm_content=editorial https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm https://twitter.com/fintechfrank/status/1671135185545441280 https://twitter.com/jchervinsky/status/1669502687749054465?s=20 https://twitter.com/coinbureau/status/1671805994039492609?s=20

26:08 Fidelity, Charles Schwab and Citadel launch a CEX https://www.businesswire.com/news/home/20230620110605/en/Digital-Asset-Platform-EDX-Markets-Begins-Trading-and-Completes-New-Funding-Round https://www.linkedin.com/feed/update/urn:li:activity:7076934393608511488/ https://edxmarkets.com/join-edx/ https://twitter.com/ramahluwalia/status/1671218922589175810?s=20 https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

33:42 Polygon 2.0 https://polygon.technology/blog/polygon-2-0-polygon-pos-zk-layer-2?utm_source=twitter&utm_medium=social

47:40 ZachXBT Lawsuit https://twitter.com/zachxbt/status/1669783717236342785?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://twitter.com/machibigbrother/status/1670819142050652160?s=20 https://twitter.com/BanklessHQ/status/1669807545194803200?s=20

57:05 Goose Sells For $5.4M https://twitter.com/Sothebysverse/status/1669441570863566875?s=20

1:02:09 Fortnite x Nike .swish https://www.epicgames.com/help/en-US/fortnite-c5719335176219/epic-accounts-c5719365892123/earn-achievements-on-swoosh-a16225767406107

1:05:00 Metamask Integrates Conext Network https://twitter.com/ConnextNetwork/status/1669718823484764161

1:10:25 Questions From The Nation https://discord.com/channels/615592155481767941/1058053004705669211/1119374915565523164 https://discord.com/channels/615592155481767941/1058053004705669211/1121292294054760508

1:20:51 Takes of the Week https://twitter.com/ercwl/status/1670482207956168705?t=hInEHE4udRw9PEN_oe3KyA&s=19 https://twitter.com/nixorokish/status/1670484525472952320 https://twitter.com/cburniske/status/1671556663864619010

1:32:33 What Are We Bullish On

1:40:02 Risks And Disclaimers

---- 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