When you say economic security, do you still mean needing that much value on the network? Right. Does it have to be actually like money invested tokens owned? Is it that straight calculation or is there some other calculation that goes into that? Yeah, that's a great point. So there's kind of, there's two concepts here. One is what is called TVS, total value secured. Now, the other important concept is how much value is securing the chain? And that is much, much smaller. The staking is the second one. Like the amount staked is the second value. And you want the second value to be extremely high. If we're going to be securing
In this episode, Anna explores the concept of Ultrasound Money with Justin Drake from the Ethereum Foundation. They kick off with updates on his work in VDFs, MEV and censorship resistance, alongside his particular interests in ZK and how the progress VRFs have made can be applied in Ethereum’s POS architecture. They then dive into the original concept of Ultrasound Money and where Justin sees it progressing to in the future, including the current status around issuance.
Here are some additional links for this episode:
RISC Zero announce the next version of their ZKVM is now available on GitHub at github.com/risc0
Today’s episode is sponsored by Mina Protocol
The need for private, trustless solutions is clear. A new era of ZK powered decentralized applications is coming – and Mina is the place to build them.
Introducing Mina’s zkIgnite Cohort 0, where developers complete tutorials and build zero knowledge apps, or zkApps, and get rewarded. There are a quarter-of-a-million MINA tokens up for grabs for zkIgnite Cohort 0 participants.
Cohort 0 is finishing soon so head to minaprotocol.com/zkpodcast to get involved today.
If you are tuning in to this podcast later, no worries! Mina will be launching additional zkIgnite Cohorts, just head to minaprotocol.com/zkpodcast to check out the best way to get involved.
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