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Guests: Alex Vlasov & Alex Gluchowski, developers at Matter Labs using zkSNARKs to scale Ethereum transactions. They discuss the Roll-up project, Matter Labs implementation, Franklin network, off-chain execution, history and state storage models in Ethereum, off-chain computation, zkSNARKs for video compression, sharding, trusted setup for zkSNARKs, and progress in snark circuit implementation.
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- Matter Labs has developed a scalable solution for Ethereum's transaction processing capacity using ZK Snarks.
- Franklin, a generic execution platform, will enable various projects to utilize zero knowledge proofs on layer two of Ethereum network.
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Matter Labs using ZK Snarks to scale up Ethereum's transaction processing capacity
Matter Labs, in collaboration with Alex and Alex, has developed a solution to scale up Ethereum's transaction processing capacity using ZK Snarks. They use Zero Knowledge Proofs to achieve scalability without compromising security. By utilizing ZK Snarks, they can provide efficient and secure state transitions and data availability on the main chain. This solution aims to overcome the limitations of current scaling solutions by offering a broad set of tools that can be used by various projects. They are also working towards a decentralized network with a permissionless set of validators, prioritizing censorship resistance.
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