Proofs, Arguments, and ZKPs with Justin Thaler
Zero Knowledge
FTX
I think the proofs protect against somebody kind of putting a transaction in the batch that like never existed. So they're protecting against like fake transactions, which is like how you can steal money,. Whereas a separate concern is censorship resistance, which is not fake transactions, but just like refusing to put real transactions and have them be processed. To compare themselves as like the antithesis of FTX is maybe a step too far at this stage, right? Like they're not there yet. There's a firm distinction, I think between like 80 bits and 100 bits, right? The distinction is somewhere between that level, forging Proofs really becomes truly infeasible with current known attacks.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
