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Jordi Baylina, Co-founder of Iden3, talks about building zk circuits and the recently announced Hermez, a new zkrollup with a proof-of-donation mechanism. They discuss the role of Circum as a circuit compiler and its connection to ZK Snarks. They also explore the innovative features of Hermes, including proof of donation and decentralized selection process for the roll-up coordinator.
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Quick takeaways
- Zero Knowledge Circuits and roll-up projects play a crucial role in improving scalability and privacy in the blockchain space.
- Jordi Baylina shares his journey in the blockchain industry, emphasizing the importance of understanding both the social and technical aspects of the community.
Deep dives
Building Zero Knowledge Circuits and Roll-up Projects
In this podcast episode, Jordi Bailena, the co-founder of IDEN3 and creator of CIRCOM, Snark.js, discusses his work in the ecosystem and building Zero Knowledge Circuits. He highlights the importance of Zero Knowledge Proofs in scaling blockchains and ensuring privacy. Jordi also explains the concept of roll-up projects, where transactions are batched and verified off-chain before being submitted to the main chain. He emphasizes that while roll-up transactions within the project may have lower fees, they are not free and the coordinator/operator needs to pay gas fees on the main chain. Overall, this episode provides valuable insights into the role of Zero Knowledge Circuits and the potential of roll-up projects in improving scalability and privacy in the blockchain space.
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