Guillermo, Tarun, and Alex Evans discuss the year 2023 in the ZK space, exploring themes, applications, and research topics. They reflect on their state of mind in Jan 2023, covering open source language models, CK, AI models, ZK co-processor projects, friend tech boom, hardware teams, optimizing proving systems for H100 architecture, and ZK and ID for proving actions and establishing reputation.
The year 2023 witnessed significant growth and progress in the Zero Knowledge (ZK) space, with advancements in specialized hardware accelerators for ZK computations.
Major advancements in error correcting codes played a crucial role in the continuous development and improvement of ZK technology throughout 2023.
The podcast highlights the importance of understanding the mechanisms of DeFi protocols when implementing co-processors, emphasizing the need for a theory of minimizing Miner Extractable Value (MEV) in order to address potential security and design challenges.
Deep dives
Overview of the Year's Evolution
In this podcast episode, the hosts reflect on the events and developments of the year 2023, focusing on the world of zero-knowledge (ZK) research and the decentralized web. They discuss the relevance of various topics in the ZK space and compare the year to the tumultuous year that preceded it. The hosts emphasize that 2023 was a year of significant growth and progress in ZK, showcasing the rise of ZK co-processors, advancements in hardware optimization, and the emergence of new proving systems.
The Rise of ZK Co-Processors and Hardware Optimization
As ZK research and development gained momentum in 2023, the concept of ZK co-processors became a focal point. Several projects, such as Axiom, Herodotus, Nexus, Ironmail, The Gromsh, Risk Zero, and Bonsai, emerged, highlighting the potential of specialized hardware to accelerate ZK computations. The hosts predict that in the near future, proving systems will be tailored to take full advantage of advanced hardware, such as the H100 GPUs. They envision a time when the surplus supply of these specialized chips will enable cost-effective and efficient ZK computations.
Advancements in Error Correcting Codes and ZKIDs
Another significant development in 2023 was the progress in error correcting codes and ZKIDs. While the ZK community initially focused on lookup optimization based on KZG, the introduction of Merced Prime, Plonk, and the Fry Breakdown showed promising results for performance improvement. These advancements opened up new possibilities for efficient and secure ZK computations. The hosts note that major advancements in error correcting codes played a crucial role in the continued advancement of ZK technology throughout the year.
The potential of co-processors in DeFi protocols
The podcast discusses the potential of using co-processors in DeFi protocols to improve compute capabilities and capital efficiency. It highlights the importance of understanding the mechanisms of DeFi protocols before implementing co-processors, as the DeFi use case requires a deep understanding of how the protocols work. The podcast emphasizes the need for a theory of minimizing MEV (Miner Extractable Value) in DeFi protocols, as co-processors alone cannot address this issue. While co-processors hold promise for enhancing smart contracts, their application in DeFi protocols requires careful consideration of security and mechanism design.
The evolution of ID solutions and UX in the crypto space
The podcast explores the evolution of identity (ID) solutions and user experience (UX) in the crypto space. It highlights the progress made in improving the usability of crypto wallets, making them more accessible for new users. The discussion touches on the potential of using attestation and verification agents to enhance identity verification on the blockchain, and the importance of nuanced online identities. The podcast also mentions the emergence of non-native cryptography and its potential applications on Ethereum and other platforms. Overall, the episode underscores the continued excitement around ID solutions and their potential impact on various aspects of the crypto ecosystem.
In this week’s episode, Anna catches up in person with Guillermo, Tarun and Alex Evans for a look back at 2023. They revisit their state of mind back in Jan 2023 and share how the year unfolded and evolved for each of them as well as the ZK space as a whole. They survey the themes, applications and research topics that dominated ZK throughout this year and offer retrospective takes on how the ecosystem has changed.
Hope you enjoy!
We are taking the next week off, but will return with our look forward to 2024 episode in the new year.