The ZK EVM: A Massive Engineering Lift

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The ZK part and the reason why I think I would argue this is critically important in the forms of time is really about that trustlessness and that security. The proof of computational integrity, like the guarantee of the correctness of the state transition of the layer two is really the thing that I think today you can point out and say this is a massive step forward. In the fullness of time, when we're talking about hyperscale, we believe that it is also true that the ZK aspect of the system is going to provide...

Alex Gluchowski is the Co-founder and CEO of Matter Labs and the creator of zkSync. Anthony Rose is the head of engineering at Matter Labs and has a background in software and machine learning. Prior to joining Matter Labs, Anthony spent a number of years in the industry building teams at SpaceX.

In today’s episode, the four talk about zkSync’s massive announcement, they’ve launched their zkEVM to mainnet! They also delve into the engineering challenges, what zk unlocks, the difference between zkEVM vs Optimistic Rollups, what builders need to know, and of course…wen token?!

------ 📣 Infura | New SDK for NFT APIs For Devs https://bankless.cc/Infura

------ 🚀 JOIN BANKLESS PREMIUM: https://www.bankless.com/dashboard

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken

🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask

🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi

------ Timestamps

0:00 Intro 8:15 zkSync’s Era Mainnet Launch 8:53 The Importance of zkSync Era 9:53 zkSync Era 13:53 Staged Roll-Out 18:50 zkSync Era Projects 21:14 Engineering Challenges 26:25 What Does zk Unlock? 28:16 zkEVMd vs Optimistic Rollups 36:35 How Low Can Gas Fees Go? 39:22 The Power of zkEVMs 48:58 How is zkSync Era Different? 53:08 New Risks to Pay Attention to 55:35 Path to Decentralization & Security 1:03:42 What Do Builders Need to Know? 1:05:36 Resources 1:07:12 Token?! 1:08:20 Closing & Disclaimers

------ Resources:

zkSync Website https://zksync.io/

Alex Gluchowski https://twitter.com/gluk64

Anthony Rose https://twitter.com/anthonykrose

------ 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