In order to build a shielded chain first you have to fragment all of the application state and kind of rewind to this more UTXO style model like in Bitcoin where instead of having one giant ball of global state you have immutable composable state fragments. This is totally independent by the way of any sort of specific details about the proving system whatever that's a whole awesome piece of engineering but it's kind of orthogonal to this issue which is like what is the data how do you represent state on the chain. So I think probably a good way to kind of frame the problem is by thinking about the kind of basic sort of state and data models of blockchains and how we end up
In this week’s episode, Anna and Guillermo catch up with Henry de Valence from Penumbra. They discuss his thoughts on requirements for adoption of privacy systems and how these led to him to develop Penumbra. They explore how Penumbra aims to use privacy features not as ‘nice to haves' within the system, but rather as essential components that offer a new paradigm for how to think about DeFi in a Multichain Ecosystem.
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Today’s episode is sponsored by Aleo.
Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.
If you’re interested in building private applications then check out Aleo’s programming language called Leo. Visit leo-lang.org to start building.
You can also join Aleo’s incentivized testnet3 by downloading and running a snarkOS node. No sign-up is necessary to participate. For questions, join their Discord at aleo.org/discord.
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