The Delphi Podcast
Eli Ben-Sasson: Starkware as End-Game ZK Technology, The Pros and Cons of Launching ZK on Ethereum and Optimistic Rollup Concerns
Episode guests
Podcast summary created with Snipd AI
Quick takeaways
- ZK technology is crucial for achieving scalability and privacy in cryptocurrencies, offering privacy and scalability through cryptographic proofs.
- Validity proofs like STARKs and SNARKs play a significant role in ensuring computational integrity, revolutionizing blockchains and financial transactions.
Deep dives
ZK Technology and its Impact on Crypto
ZK technology, specifically zero-knowledge proofs, is an end-game scalability and privacy technology for cryptocurrencies. It offers privacy by hiding inputs into computations and scalability by asserting integrity using cryptographic proofs over vast amounts of computation. The ZK technology is crucial for blockchains to achieve global scale and become the financial infrastructure of the future. Validity proofs, such as STARKs and SNARKs, play a significant role in ensuring computational integrity and have the potential to revolutionize various industries. While there is ongoing research and advancements in proof systems, the focus is on transparent systems that do not rely on assumptions about factoring or elliptic curves. ZK technology has the potential to bring scalability, privacy, and trust to a wide range of applications beyond blockchains.
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