Reddit Posts
How Much More Private Can ZK Get? An Order of Magnitude
If DeFi is not casually providing you with financial services that were almost exclusive to the elites, it’s not DeFi
No matter how cool your L1 blockchain sounds, maybe don’t release it until you figure out scaling!
Ethereum is great but in its current form it has no chance of going mainstream without L2s
Ethereum is great but in its current form it has no chance of going mainstream without L2s
Polygon essentially invested in almost every possible scaling solution from ZK to Optimistic to PoS
Polygon essentially invested in almost every possible scaling solution from ZK to Optimistic to PoS
Although we are starting to see corporations and enterprises begin to adopt web3. Despite this there is still massive room for growth, what’s stopping massive enterprises from adopting web3?
Polygon Nightfall goes live on Mainnet - Optimistic-ZK L2 hybrid for Enterprises
Polygon Rolling Out 'Revolutionary' Hermez 2.0 ZK Rollup - CryptosRus
For those who are panicking about the future of crypto, you are only panicking about the future prices. The fundamentals are still intact. This leaked email by Sandeep Nail proves it
For those who are panicking about the future of crypto, you are only panicking about the future prices. The fundamentals are still intact. This leaked email by Sandeep Nail.
When it comes to zero knowledge proofs, how does it practically work in a private chain?
Optimism's airdrops are why I don't yet believe it is ready for user adoption or mass adoption for that matter.
Few drops of knowledge of ZK-Proof and future of blockchain applications.
Every single chain and technology NEEDS to have a bug bounty program. It's one of the best ways to improve your technologies security.
AMA with Matter Labs, the team behind zkSync: a zk rollup scaling protocol for Ethereum.
Polygon Announces New ZK-Proof-Based Identity Solution. A month after partnering with Adobe.
Polygon Announces New ZK-Proof-Based Identity Solution
What is your level of knowledge? I made different levels so you can know it
India's regressive crypto tax laws kick in from 1st April.. Monero P2P platforms are already seeing a boom
Loot On StarkNet: ZK-Rollups Enter Blockchain Gaming
Mentions
Blockchain ledgers almost never compress data unless they use compression protocols like native ZK proofs (which is extremely rare) Node clients often compress data, but it's usually 1.5-2x compression depending on the database, so it's not going to perform miracles. A lot of blockchain data is non-repeating.
Problem is that XRP has no direct interoperability with existing dApp ecosystems. They're launching an EVM-compatible sidechain now... which is something existing EVM-compatible sidechains decided years ago to migrate \*away\* from because it's such a bad strategy (see Polygon). Sidechains will die of liquidity fragmentation once ZK-rollups and synced states are the norm.
I'll answer your points as I understand it. * The zkCDK is still around, just by a different name. That CDK was became a part of Agglayer CDK. Agglayer CDK is designed to support multiple execution & trust stacks, not just ZK rollups. The pessimistic proof is at the heart of Agglayer, which uses a lot of zk tech. Polygon wants to let chains have control of their development and choose the stack that works best for them, demonstrated when Agglayer went multistack with Agglayer CDK OP Stack. The CDK is include zk, but it's no longer zk-only. * Katana will be a major chain connecting to Agglayer. Polygon PoS will connect to Agglayer. Immutable is another. I also believe we will start seeing Chainless Apps (applications that don't live on a chain, but can settle through zk-proofs) which gets web2 devs in the game, and those will connect to Agglayer. OP Superchain isn't even a thing yet either. Agglayer's Vault Bridge provides revenue as new chains start up. Additionally, Agglayer has support for OP-Stack. So chains can use OP Stack through Optimism and pay a 15% tax, or use Agglayer CDK OP-Stack and pay no tax at all..... which one do you think they'll choose? * I'd argue Polygon PoS is much more decentralized than chains like Base & Arbitrum, who operate with a single centralized sequencer run by Coinbase and Offchain Labs, respectively. I'm not sure most users, especially retail care about decentralization as much as purists like to talk about. But even with that said, decentralizing is still on the roadmap, just Sandeep didn't explicitly speak to it here. * I don't see Polygon as abandoning roll-ups. I see it as being clear that the mission of Polygon Foundation is to build the infrastructure that allows all of web3 to scale as seamlessly as web2.
You're pivoting from Lightning v2 to Taproot and ZK rollups, which aren't even part of Lightning. None of that changes the fact that LN still doesn’t work at scale, and there's no concrete plan to fix it. Hope is not a roadmap. Tech doesn’t improve unless people are actively building it, and that just isn’t happening with Lightning right now. It’s not about spoon-feeding. It’s about being honest about where things actually stand.
Really cool, and interesting post, although IMO there are so many other considerations, such as security, scalability, privacy, spam attacks, stability (SOL outages), centralisation or high risk of centralisation, also with Kaspa Layer 2 SC and ZK-rollups Kaspa will achieve near instant finality transactions, with massive scalability, enhanced security and privacy. Also Kaspa has the potential to reach 100bps. When you look at PoW compared to other crypto methods it is apples to oranges, where the PoW drawbacks, are actually why Kaspa will be the best option for instant transactions. Whereas I am one of the believers that Sompolinsky was involved in Bitcoin, Kaspa was designed to be the next evolution of bitcoin, fixing the trilemma. Which I think sums up what they have achieved with Kaspa.
No it doesn’t really work like that, those hardware wallets have support for a very limited number of standard cryptographic signature algorithms used by cryptocurrencies (ECDSA, EdDSA, maybe a few others) and basically every coin they support is just a wrapper around one of these. Railgun’s cryptography (and that of most ZK systems) is incredibly complex, very computationally demanding, and unique to Railgun. Unlike a normal transaction, with Railgun transactions aren’t authorized by a simple elliptic curve signature. It is generating a ZK proof. It is very unlikely that there will ever be a dedicated hardware wallet that supports things like Railgun.
Yeah that seems to be it. Someone from ZK also starting it (and raising funds before ZK Hyperchain even went live or had any techstack). We're in touch with the Sophon team but I'm trying to determine if it's worth it to ask them for an interview so we can learn about it and answer some questions.
It's anti-crypto but I don't think he's wrong on the idea that major players won't want every on chain action that they do tracked and made public. There's probably a ZK way that gives people verifiability of assets without revealing the addresses.
What if we need ZK proof of reserves? I bet great teams are already working on it.
There are currently AI agents on Hedera for fast and inexpensive SC calls that already scale. They use a Hashgraph DLT which is far superior to any blockchain or PoS. They have aBFT security which is the best of any decentralized network. And they have a developer playground to do every thing you mentioned but faster and less expensive. There are no need for any ZK roll ups because it already scales. You can create smart contracts without even knowing how to code, and implement AI agents to automate the calls. The security is far superior to kaspa and if you look into the Hedera ecosystem, there are several gems utilizing the network that have gone up 200% in value in the last month due to real world adoption. TL:DR Hedera is a better network for smart contracts. They are EVM compatible, use AI Agents, and don't need any ZK rollups because it already scales. Plus way less expensive and better security than any other network. If I am wrong please inform me because I am doing erc721 and erc1155 on Hedera because they have everything set to go from the start, ready to scale, with the best security, and the lowest fees, and AI running the SC's. [https://dev.portal.hedera.com/playground](https://dev.portal.hedera.com/playground)
His answer on Ethereum was trash so I'll answer for you: Ethereum's path to becoming quantum resistant relies on account abstraction and utilizing ZK STARKS alongside standardized post quantum cryptography to become quantum secure. PROS: \- lots of money to throw at the research \- ZK STARKS seems very promising CONS: \- Anything ZK is very new \- Not slated to look at starting to implement until 2027 \- NIST has not standardized anything ZK STARKS and does not have it on the calendar to review at any point in the future
If you hold $WHITE don’t sleep on WhiteNet, it’s live. 1:1 swap. No pre-mines. No VC games. Just raw access to RWA infra w/ 200K TPS + ZK privacy. Flip your $WHITE > $WHITENET before the herd. Use my link, let’s both win. You get additional tokens, I get a commission. Generate your own referral link here: http://network.whiterock.fi/contribute?code=WHITEWINS
Look. I don't want to be mean to you my sweet smoke puffing friend. I'll just be honest, for you. Truthful as a friend. A friend you haven't met. You display a complete lack of understanding of what L2s are about. Ethereum was created with the expectation and reliance on the future (now present) existence of L2. Without it ETH can not properly scale, probably as much as it being mathematically impossible which means **L2s are not optional, but foundational.** >“ZK-Rollups are a game changer. They can provide the security of Ethereum with significantly higher throughput.” \- Vitalik Buterin, 2018 blog post on rollups >“The Ethereum ecosystem is likely to be all-in on rollups as a scaling strategy for the near and mid-term future.” \- Vitalik Buterin, Rollup-centric roadmap blog post, Oct 2020 >“The Ethereum base layer should be simple and safe. All complexity should be pushed to Layer 2.” \- Vitalik, Bankless Podcast, 2022 And being brutally honest (Because it is better to have people telling you the truth rather than sugar coating it for you! That is what friends do) **You don’t see because you’re looking through ignorance, not insight.** I wish you a good life.
There is no longterm plan for the Bitcoin network to be secured; declining block rewards mean reduced incentives and so it's harder for miners to remain profitable i.e. they drop off the network and security is reduced Do you see ZK tech a threat to your XMR thesis?
You’ve made some excellent points and surely provided things to ponder on. I have no doubt that Bitcoin will endure more pain during its growth. We will likely come across vectors that are yet to be considered or not fully yet known that may impact Bitcoins velocity. Quantum computing, increased gas fees, scalability etc. My greatest and most immediate concern for the short term is around the current US administration. While Trump and his administration are pro crypto and pro bitcoin, the Dems are pushing back and it’s unfortunately become a partisan issue. We just saw that with the stablecoin bill that lost. My comment is not to spark controversy over Republicans vs Democratics, but the world is growing increasingly frustrated with the current US administration and if Trumps pushes legislation through but his name is “tied to it”, will the Dems just tear apart everything positive Trump has done with crypto when they are in power to spite his achievements? Using crypto and bitcoin as a weapon. This could push it back years if that was the case. Yes, a small step back in the grand scheme but for older people it could prevent them from investing and unfortunately that is where most the money lies. I am far of an expert on scalability but I think Bitcoin will become a settlement layer for large institutional and sovereign transactions. Us plebs won’t need to interact or transact on the base layer which should help with gas fees. Things like lightning network and BitSNARK using ZK rollups will elevate some of those concerns. It will also increase the usability of Bitcoin while allowing an increase in dapps and connections to other blockchains like Eth and Cardano etc.
ZK proof bridges have been around for years. They are new to Cardano people because Cardano people live in a bubble oblivious to everything. I'm sure there are some new things with this bridge, and that also they are way more minor than Cardano people think. If you had a revolutionairy bridge plan, you wouldn't waste your time integrating ghost chain Cardano first.
> Ethereum lowers native stake to 1 eth This is already a possibility that is being researched. The problem is that the more validators you have the more bandwidth is required on the network to allow them all to communicate. At the moment Ethereum prioritizes the ability for users to be able to run nodes at home, on cheap hardware and with regular domestic broadband. Part of the reason Pectra update due tomorrow is to increase the maximum (not minimum) balance of validators so that big staking entities like Coinbase can combine lots of their 32 ETH validators into fewer numbers of larger ones, therefore reducing the required chatter between them. There are other upgrades being researched that will reduce requirements in other ways, if you're interested then Vitalik discussed the possibility of reducing stake to 1 ETH and some of the development prerequisites a while back at https://vitalik.eth.limo/general/2024/10/14/futures1.html > In a bold move, OP, Base, POL, ARB join forces, creating a unified bridge. > Ethereum codifies them through an EIP, creating a universal evm bridge. > Mainnet and all L2s can now interop without sacrificing separation and their sense of self. This is the idea of the Based and Native rollup design, which is likely to be the ultimate form of the majority of the L2 ecosystem. https://ethresear.ch/t/based-rollups-superpowers-from-l1-sequencing/15016 https://ethresear.ch/t/native-rollups-superpowers-from-l1-execution/21517 Full Ethereum security for assets and transactions on L2s; no need for rollups to have their own proposers/sequencers/validators or the governance associated; easy interoperability between different L2s and between L1 and L2; cheaper verification of the ZK validity proofs used by ZK rollups... Basically that is the end game that is being worked towards already, users won't even need to know which rollup they are using if they don't want to, transaction throughput of the overall network will be able to scale almost limitlessly by just spinning up additional rollups for different applications, companies etc. > L2s and mainnet derivative protocols start collapsing due to growing complexity and spread too thin liquidity. No need for anything to collapse, you've just described stuff that's already being worked on! https://ethroadmap.com/
The Chainlink Rewards Season Genesis, launching on May 8, 2025, will distribute 100 million SXT tokens to eligible LINK stakers, with the first reward valued at approximately 50-60 cents per LINK based on current pre-trading prices. This initiative is part of a broader effort to incentivize participation in the Chainlink ecosystem, with SXT acting as a trusted ZK-proven database for developers. * [Introducing Chainlink Rewards: Season Genesis](https://blog.chain.link/chainlink-rewards-season-genesis/) * [Announcing the Chainlink Rewards Program With Launch Partner ...](https://www.prnewswire.com/news-releases/announcing-the-chainlink-rewards-program-with-launch-partner-space-and-time-302445951.html) ^(This is a bot made by [Critique AI](https://critique-labs.ai). If you want vetted information like this on all content you browse, [download our extension](https://critiquebrowser.app).)
> Yes, lets look at Blackrock's BUIDL Fund. > > ETH is down -50% since mETH Heads started shilling the BlackRock BUIDL shilling started 1 year ago and mETH Heads started smoking hopium talking about the number of transactions that were about to flow through... I find it comical that you're once again only relying on past performance to justify your opinions. Man will this bite you in the ass one day. I feel bad for you at this point. The lack of critical thinking is palpable. Nice cherry picking data again! Holy fuck you're disingenuous. You're grasping at straws at this point. Try $245 million in the first week and that was a year ago. Now Blackrock is looking at up to approving $150 **BILLION** on Ethereum. https://np.reddit.com/r/CryptoCurrency/comments/1bpqffo/blackrocks_buidl_ethereum_fund_draws_245_million/ https://www.reddit.com/r/CryptoCurrency/comments/1kb9ekn/the_worlds_largest_asset_manager_blackrock_files/ >75% of all trades all algorithmic, High-Frequency (HFT) trades. The last few years, there have been improvements in things such as hollow-core fibers to try to improve systems by nanoseconds for trading systems to gain advantages. Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? It literally does not matter who is behind the trades. In the future, the vast majority of transactions will be done by AI agents and bots. This is by design. After all, all of these transactions pay fees! >Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? Trying to be condescending eh? Don't play a game you can't win. Have you heard of MEV? Blockchain transactions have long been ordered based on who pays the highest fees to block builders. Not who gets their orders in first. You clearly don't even understand the basics of blockchain if you think that getting your orders in first matters. >Aptos, Arbitrum, Avalanche, Optimism and Polygon Arbitrum and Optimism are both Ethereum and Polygon's roadmap ends as Polygon becoming a ZK rollup on Ethereum. This is basic knowledge. How can you not know this? Mind-boggling. As for Avalanche and Aptos, well their usage is minimal and TVL insignificant. >You CANNOT point to ONE SINGLE large corporate purchase of ETH by corporations, institutions or billionaire investors. Hell, the ETF has barely brought in any inflows. There is NO big money interest in investing in ETH. Are you a bot? Are you a hallucinating LLM? When did I do that? Ethereum adoption has a comprehensive list of major institutions and companies building on Ethereum. >You are misleading noobs and gullibles Gullibles is not a noun. Not that you know what a noun is I'm sure.
Dude, you are smoking some creazy stuff. Maybe when sui ramora lands and ZK Tunnels it has the chance. EVM is the worst shit architecture out there, this is why you see evm hacks every week. I put not even spare money on one of those chains
These are not 51 different teams doing grunt work. There are 51 different teams working on cutting-edge technology, each trying their own approach to a ZK virtual machine.
You can swap in and out of fiat when you need fiat using ZK peer-to-peer swaps.
tldr; A hacker who exploited Ethereum scaling protocol ZKsync's airdrop contract, stealing nearly $5 million, has returned the funds within a 72-hour deadline after accepting a 10% bounty offer. The recovered assets, including over 44.6 million ZK tokens and nearly 1,800 ETH, are now under the custody of the ZKsync Security Council. ZKsync confirmed that user funds were never at risk and plans to release a final investigation report. The incident highlights ongoing security challenges in the crypto sector, with significant losses reported in 2024 due to hacks and exploits. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Open ZK, this thing will revolutionise the ETH network
If it gives 50x execution performance gains with ZK scaling, it's worth it. Sounds like they want to make this backwards compatible. Same opcodes but with a different engine. Obviously not going to be easy, and probably done with a decade-long timeline.
tldr; The article proposes replacing Ethereum's EVM with RISC-V as the virtual machine language for smart contracts to improve efficiency, scalability, and simplicity. The transition would maintain existing Ethereum features like accounts and storage, while enabling contracts to be written in languages like Rust or Solidity. The change could significantly enhance ZK-EVM proving efficiency and reduce bottlenecks in Ethereum's execution layer. However, challenges include potential performance issues for block building and execution, and the technical complexity of implementing such a shift. The proposal raises questions about Ethereum's priorities, particularly balancing L1 execution improvements with L2 enablement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ETH will be a monster if they figure out ZK proofs.
**TLDR: I think ETH is the reality that many L1s will face.** These tokens (L1s, L2s, really a lot of tokens) aren't securities. They pay no dividends. Any yield offered is inflationary. They don't entitle you to chain/protocol cash flows. They're just paper clips and post-it notes: critical infrastructure but nobody is paying $1000 for a box of paper clips just because they're important. Nobody buys an 8-pack of post-it notes for $500 because they're a key part of running an office. That could totally be how non-security tokens play out. Right now, the selling point is mostly, "we got some nerds in a back room doing cool stuff, so we're cool. Our token is cool. You should buy it if you want to be cool too." I think that selling point is over with for ETH and probably every L1/L2 eventually will run out of hype. At that point it's just, "you're the [xth] smart contract blockchain. All of you offer low cost, high speed, blah blah. All of you are cooking up some tech... tech probably to make it even cheaper to use so there's even less value to capture. Why do you deserve a price premium and what, outside of general market trends for crypto/risk assets, would give you price appreciation?" If the only answer is something like, "I mean, pfft, it's ETH" or "Lol, SOL is the future" or some technobabble gobbledygook about Firedancing protodankkiefhash sharding ZK being the future of the same shit we can already do on-chain right now for dirt cheap already... that's not compelling. Imo at least.
tldr; Hackers targeted Ethereum scaling protocol ZKsync, stealing $5 million in ZK tokens due to a compromised administrative account linked to an airdrop. ZKsync assured users that funds and the protocol remain secure, attributing the breach to a compromised key in the airdrop contract. The ZK token's value dropped but partially recovered. The incident highlights ongoing security challenges in the crypto space, where hacks are increasingly common, affecting both decentralized and centralized platforms. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Cardano can be the L2 for Bitcoin, don't need another token - it uses the eUTXO model, an enhanced version of BTC's UTXO.. Trustless through ZK Snark proofs . .
Yes, but with challenges. Why? Bridges solve a real problem—moving assets across chains seamlessly. Multi-chain ecosystems are growing, making interoperability essential. Security remains a big issue (hacks, exploits), but better tech (ZK, MPC) is improving safety. Some chains aim to eliminate bridges (e.g., Cosmos, Polkadot), but not all projects can move to one ecosystem. Liquidity, speed, and security will decide which bridges last.
**Anna Rose** Anna Rose is one of the main links between the highly academic world of Zero Knowledge research and the average, less technically specialized user. She is basically involved in Zero Knowledge everything... * Podcast: https://zeroknowledge.fm/episodes/ * Conferences: https://www.zksummit.com/ * Jobs board: https://jobsboard.zeroknowledge.fm/ If you are interested in this 'ZK' stuff that you have heard will be the next big thing, but don't have a PhD in Cryptography then you are potentially easy prey for the shills of countless projects, who will use buzzwords and bullshit to convince you to buy into things you don't fully understand. Anna's content will give you the knowledge to know your SNARKs from your STARKs, and your PLONK from your Plonky2, so you can have a better chance of picking the really promising projects from those that just have a big marketing budget or desperate bagholders. * Zero Knowledge: Privacy and Transparency's Beautiful Co-existence [DevCon 5]: https://www.youtube.com/watch?v=6wMoV8G2118
**Mary Maller** Dr Maller is a ZK researcher at the Ethereum Foundation; and not 'researcher' as in *"I did my own research by watching someone shill their shitcoin on Youtube"*, but 'researcher' as in *"constantly publishing in academic journals on cutting edge cryptographic topics"*. We are already starting to see the early excitement build up around ZKEVMs and other zero knowledge projects, the odds are that any you happen upon will be built on top of mathematics that Mary has contributed to. * https://scholar.google.com/citations?user=gzHDMSYAAAAJ&hl=en&oi=ao * Scalability Solutions from zk SNARKs: https://www.youtube.com/watch?v=h4UfD4Mp6EM * The Roaring Twenties: Recent Advances in Zero-Knowledge Proofs: https://www.youtube.com/watch?v=uZAOt6_fZ1k
Who here is well-versed in fraud-proof protocols? Which fraud-proof system stands out in your opinion, and why? Major considerations are Arbitrum's BoLD, Optimism's OPFP, Cartesi's Dave, or Kroma's ZK Fault Proof. They all employ a certain approach to handling various attack vectors. Let's hear some thoughts!
And he's a Turing Award winner and inventer of ZK proof. More people around here should know who Silvio Micali is. Most wouldn't even be here without him.
ZK proofs make this stuff possible, and that's exactly what Worldcoin is doing. People can't see past the eyeball scanner and the useless WLD token, but I'm with OP that anonymous Proof of \[Whatever\] is one of the best blockchain use-cases.
Optimistic and ZK-Rollups are the future of Layer 2 scaling, but ZK-Rollups will eventually dominate due to their superior privacy and efficiency. Optimistic Rollups are just a stepping stone until ZK technology matures.
> Yet another roadmap steel by V and the team at ETH Cardano's ZK sidechain 'Midnight' was announced in November 2022. Ethereum's first privacy focused ZK based L2 was Nightfall. This was first announced in 2019, built in part by EY and adopted by Polygon, and which went into mainnet beta in May 2022 - https://github.com/EYBlockchain/nightfall_3/releases/tag/v2.0.0beta03 You may note that something released on mainnet in May 2022 is unlikely to have been stolen from a project that only announced in November 2022, and didn't even go into testnet until October 2024! https://cexplorer.io/article/midnight-testnet-is-live
You have absolutely no idea what you are talking about. Just because you are distracted with fartcoins and your own greed doesn't mean anything for anybody else. ZK algorithms and sustaining decentralization will completely destroy the current status-quo. Educate yourself
With ZK rollups on Ethereum, the cost is miniscule, basically negligible.
> Aren't there any adults just talking like normal humans in this space, and not acting like a coked up hype man demanding I *SMASH* that like button? Here's my crypto podcast suggestions... none of which feature 'coked up hype men'! - **GreenPill** podcast for Public Goods related interviews: https://pod.link/1609313639 - **Infinite Jungle** for general Ethereum protocol updates: https://www.galaxy.com/insights/podcasts/infinite-jungle/ - **The Daily Gwei** for Ethereum ecosystem news: https://thedailygwei.libsyn.com/ - **Peep An EIP** for specific upgrades: https://www.ethcatherders.com/peepaneip - **Zero Knowledge** for (unsurprisingly) developments in ZK research and implementations: https://zeroknowledge.fm/podcast/ - **The Defiant** for wider crypto news and interviews: https://thedefiant.io/podcasts-and-videos/podcast
I use my governance power to propose we all buy $ZK
Binance right now: https://i.imgur.com/V8CU6ZK.png
Privacy is definitely making a comeback, and with everything on-chain being so transparent, it feels inevitable that more chains will lean into ZK tech. Projects like ALEO are pushing it forward, but it’s interesting to see other approaches too Anoma, which is integrating privacy with intent-based execution rather than just layering it on later. Feels like we’re heading toward a mix of both models rather than one dominating.
? Arbitrum doesn't use ZK for its fraud proofs yet.
Native rollups, ZK something, sharding, marding…. These buzz words float around since years! I think even Vitalik admitted that Ethereum is fundamentally broken. Teach me something different but from all major blockchains Ethereum is most likely to die out
Differences between rollups: * **Optimistic and ZK rollups**: Consensus, settlement, and data availability are on L1. Execution and sequencing are done on L2 * **Based Rollups**: Everything on L1 except for Execution Layer on L2 * **Native rollup**: Everything on L1 except for Sequencing on L2 Based rollups are easier to implement than native rollups, and they can help solve the issue of L2 fragmentation: https://www.youtube.com/watch?v=WiKPlNGrUzU
NFA – My portfolio is diversified according to a specific percentage structure, which I will not disclose. However, here’s what I’ve been accumulating over the past 12–24 months and intend to carry into 2025: L2s: $ARB, $STRK, $ZK and $OP New L1s: $SUI and $APT DeFi: $DYDX & $GMX PS: + some allocations into $ZRO and Wormhole $W
ETH - decentralised world computer that will be the financial settlement layer of the internet RPL - an ETH staking token with revenue share and so the more that is staked, the better the token performs ZK - my pick of the ETH L2’s; zero knowledge proofs are fundamentally going to disrupt crypto for the better, and the token also had a favourable distribution compared to others That’s it. My focus is on understanding and high conviction, rather than spreading myself and just hoping for the best. UNI gets an honourable mention. I think once it gets revenue sharing it will pump like crazy, but it doesn’t have the best token distribution.
yeah hyperliquid is the big reason why i made this post. no its not the guides fault, i follow bunch of big names on twitter and they shared a lot of protocols to farm including hype, with my limited budget and time i chose to skip it since i already farmed other dex/trade aggregator protocol like orderly and logx, and unfortunately those two were shit. i also got some wins on LZ and ZK, but i already spent so much on gas and i think it’s a bit EV- overall
Time to shill the new bags! I'm expecting solid performances out of $ZK, $L3 and $TAO
TLOS for me. Community ran project, great tech with 0 downtime, EVM live for almost 5 years with EVM 2.0 recently going live. Price action could he better but John Lilic from Polygon + ETH recently became CEO. TelosX is an exchange going live in 2025 and they have also been developing ZK tech. For a project with a low market cap, they continue to develop good tech. Their EVM dApp ecosystem continues to grow.
The Bank of England's exploration of zero-knowledge proofs (ZK-proofs) for a digital pound is intriguing, especially since they emphasize user privacy while balancing regulatory needs. This aligns with their commitment to not accessing personal data, but as with any tech, there are limits to what can be achieved, highlighting the ongoing debate over privacy vs. compliance in the digital currency space. * [Digital Pound paper explores privacy enhancing ...](https://www.ledgerinsights.com/digital-pound-paper-explores-privacy-enhancing-technologies-for-cbdc/) * [Digital pound news - Bank of England](https://www.bankofengland.co.uk/the-digital-pound/digital-pound-news) * [Response to the digital pound Technology Working Paper](https://www.bankofengland.co.uk/paper/2024/response-to-the-digital-pound-technology-working-paper) ^(Hey there, I'm not a human \(sometimes I am :\) \). I fact-check content here and on other social media sites. If you want automatic fact-checks and fight misinformation on all content you browse,) [^(check us out.)](https://critiquebrowser.app)
tldr; The Bank of England is exploring the use of zero-knowledge proofs (ZK-proofs) and other privacy-enhancing technologies (PETs) to improve user privacy for a potential digital pound. These technologies could minimize data sharing with the central bank and payment intermediaries, giving users more control over their data. The bank, in collaboration with MIT's Digital Currency Initiative, is studying these technologies' potential and limitations, particularly in balancing privacy with regulatory compliance. The exploration of a digital pound began in 2020, with ongoing public consultations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
\- Bitcoin is far more "capturable" and in my opinion has a moderate probability of this happening - read the substack in my bio to understand this in more detail - but the TLDR; is that as block subsidy rewards halve and tend towards zero there won't be enough fees to cover mining operations and ordinals and runes are great and providing nice fees today but i'd argue that this isn't the way to build a sustainable onchain economy as Bitcoin lacks the expressivity to have true L2s and smart contracts (and right now it all uses some level of additional trust assumption) and even with OP\_CAT added you still have a very clunky version of the elements to construct a rudimentary version of trustless L2 and smart contact (or ZK settlement) but even then because Bitcoin can only process 4MB of data per every 10 minutes, then it's bottleneck quickly becomes its data availability and we go right back into the blocksize wars again if you want to have a sustainable Bitcoin. So in this case you either fork bitcoin to make it more like ethereum, or you don't and then it's no longer profitable to mine bitcoin and it has to be mined at a loss and subsidized and it would most likely be subsidized by nation states and large corporations who are heavily allocated and building businesses on it, and at that stage this is the anthesis of Bitcoin because then mining is very centralized and loses it's ability to be censorship resistant. \- To address the JP Morgan and Blackrock "capture" can you be very explicit in what you mean by this because it lacks any hard substance. I know other than JP Morgan made investments into infrastructure businesses like Consensys and Blackrock who has an ETF product and has deployed a decentralized finance protocol on Ethereum called BUIDL which is a tokenized Tbill essentially (but this is bullish because they don't have any control over the protocol, they're using it just like any of us and deploying smart contacts). Can you be specific on what forms of capture or what you think is malicious that can happen here? \- Even entities like flashbots and other MEV based businesses can't censor blocks or produce an invalid state transition. They are capturing value but then there is also likely to be MEV burn introduced which would burn a majority of that ETH, most of the MEV goes to the individual block proposer anyway as MEV searchers bid up their block ordering bundle to win the bid from other bundles and this is sub 10% but there are some issues and improvements to be made here which are being worked on. Like multiple proposers and decentralized inclusion lists where the block builder can order the blocks however they like but they're forced to include all transactions in the pool list. Ultimately Ethereum has an ethos of being adaptive and a vision of making the substrate for the future global digital economy and is working to remove all currently obvious "hooks" that could centralize, censor, or disrupt the network. Please let me know if there's anything else I missed, these are all really good points you're bringing up and this is good discourse to have to correct any outdated information circulating.
You mention "staking is a centralized way of governance" but for Ethereum, there is no on-chain governance. No amount of stake you have validating under its PoS design will give you any right to dictate any element of governance. Anyone is welcome to participate so long as they do the research to understand the discussions ppl are having and bring good ideas of their own. Also today you can stake in a completely decentralized way with a small fraction of a validator with clusters and when the amount of ETH required to run a validator drops to 1e, then through these same technologies ppl will be able to stake with fractions of 1e, so the bar is very low. Also you can still contribute and be a node without spending or holding any ETH, you just don't get to propose blocks. I would actually argue that Ethereum is more decentralized than Bitcoin, but I'll admit that it's still up in the air. But node counts reported on ethernodes are off by a factor of 3x imo. Many Ethereum nodes are not publicly visible because they operate in private networks or behind firewalls (e.g., private staking setups, private relays for MEV), or they use tools like VPNs, NAT traversal, or are restricted to specific whitelisted peers. Furthermore, 98% of all Bitcoin nodes run the same client where Ethereum has a very distributed set of clients which is an overlooked but important vector of decentralization. Also you mention running nodes anonymously but this is actually not possible. For one block times are way too slow and resource intensive to run over something like Tor plus with proof of work you have a literal electricity footprint unlike running PoS off a laptop. Even Ethereum can't run nodes fully anonymously yet however with the concept of “snarkifying everything”, real time ZK ASIC provers, along with statelessness and data sampling this is possible which make being an ethereum node lightweight enough to viably run a node through something like tor. Even if you were able to infiltrate Lido for example and try to do a takeover, it still runs less than 1/3 of validators and wouldn't bring down the network. Once an attack is perform on Ethereum, the attacking ETH is slashed and gone and you have to acquire more ETH or infiltrate the next big entity to do another attack. With PoW you can't delete someone mining rig so they can continue to attack. The community can do a soft fork to recover but the attack can just soft fork as well and continue the attack. Ethereum is actually designed to be much more resilient here.
> I something specific interesting to know about HBAR and ALGO? I just got curious because the two names aren't mentioned a lot before BTC hit $100K. ALGO has a very intelligent founder, who built the foundation for ZK proofs. But they mismanaged a lot of funds and decimated a lot of early holders. A lot of ppl don't talk about it because they lost so much money on it. So I got curious how ppl started talking about it. HBAR is a weird asf chain. I would personally stay away from it.
There's actually no reliable way to accurately determine physical node count on Ethereum so the websites that try their best to do that are not accurate. No doubt there are centralizing forces with staking providers like Lido but those are actually decentralizing their operator set too. Also in a few years when we have real time ZK ASIC provers, along with statelessness and data sampling that means ppl will be able to run full validators from a mobile phone (stake requirement is dropping to 1e in the near term and then there are all of the providers that group ppl who want to solo stake with a fraction of 1 ETH). Also with dank sharding and data availability sampling (DAS) along with the above literally flips the scaling pyramid upside down (where normally the more nodes the slower and less a chain can scale) where in this case not every validator needs to process every tx and it can be split up so literally the more nodes the more scale. In terms of centralized governance, I would probably disagree with you there somewhat too but I can see what you mean. At least there's no on-chain governance which would be bad, and really anybody can participate but you won't have a voice unless you are highly researched and start participating in the community, but from that aspect anyone can come in and bring good ideas to the table and ppl will and do listen.
Yeah it's easy to think that way when you don't fully understand the design tradeoffs or the full Ethereum scaling roadmap. As I mentioned, the future is whats called native based rollups where L2s can completely customize their stack while at the same time being atomically composable with all other L2s and ETH L1, while inheriting Ethereum L1 security. L2s can always be faster than an L1 because L1s still have to handle consensus message passing where L2s don't have to do this (the L1 does it) L2s can have omega centralized block production and be faster and cheaper than any other chain while still inheriting Ethereums security and decentralization (as the execution on L2 can be submitted as a validity ZK proof so being centralized for execution here doesn't allow for double spends or anything wonky). I totally get that Ethereum in it's current state feels slow to grow but if you grasp the full lay of the land you might come to the same conclusion that it's going to be extremely tough for any Alt L1 to compete and that window to grow and pull in users is closing fast as the next wave of ETH L2s will be by far the fastest/cheapest/best UX chains to use. Cheers and good luck!
Yeah it's easy to think that way when you don't fully understand the design tradeoffs or the full Ethereum scaling roadmap. As I mentioned, the future is whats called native based rollups where L2s can completely customize their stack while at the same time being atomically composable with all other L2s and ETH L1, while inheriting Ethereum L1 security. L2s can always be faster than an L1 because L1s still have to handle consensus message passing where L2s don't have to do this (the L1 does it) L2s can have omega centralized block production and be faster and cheaper than any other chain while still inheriting Ethereums security and decentralization (as the execution on L2 can be submitted as a validity ZK proof so being centralized for execution here doesn't allow for double spends or anything wonky). I totally get that Ethereum in it's current state feels slow to grow but if you grasp the full lay of the land you might come to the same conclusion that it's going to be extremely tough for any Alt L1 to compete and that window to grow and pull in users is closing fast as the next wave of ETH L2s will be by far the fastest/cheapest/best UX chains to use. Cheers and good luck!
> If you were using solana then, and comparing objectively to other crypto, you would have had a pretty good idea that events would likely unfold as they did. Nah, that is a big stretch. When that thread was up, Solana didn't even finish implementing its local fees model. The lack of local fees was one of the big causes of its previous downtime. There was also no roadmap to hack ZK compression, light clients, newer client optimization with firedancer, etc. What is amazing is how the Solana dev team hacked so much shit together as the market demand became clear. While Ethereum had Justin Drake telling everyone to stick to a multi-year roadmap to achieve things.... That is the big contrast. Ppl say "they are in the for tech". You can tell it is a big lie because so many here in the subreddit simply don't realize how shit Solana has done recently while they keep memeing it as "sqlana".
Maybe, maybe not but ZK roll ups are already a thing and in full tested practical use under ethereum.
TLOS is building quite a bit. ZK, a CEX, and all sorts of other good stuff. No ICO and no VCs despite it being an older chain.
That Solana as it stands right now is going to have difficulties scaling if growth continues at the pace it is now? This is well known within the Solana community, what do you mean no one shares this opinion besides people affiliated with Ethereum?? Many people in the community believe Solana will be difficult to scale successfully as a monolithic single chain and have proposed L2 solutions. It’s also why ZK compression was pushed so hard, to help make state costs cheaper as state-growth is a majorly important for scaling blockchains. I guess I should add that i’m a full believer in Solana and trade on it full time for a reason. I just also believe that no chain is perfect and i’m not a maxi of any chain period, before I get called an ETH maxi or some shit. 🙄
There will be zk enabled layers bridged from the main chains. ZK proofs will have a huge impact doesn't matter which chain you use. Will allow for Bitcoin initial block download in seconds and will lead verifiable computation for anything. Crypto is still in V1.1
Yea that's true, for now. Luckily just those 3 account for over 75% of the total value on all rollups, but it is disappointing that none of the bigger ZK rollups have reached that stage yet, especially as smaller ZKRs like Taiko and zkSync Light have had that functionality for ages. The wierdest omission in my opinion is Starknet, because it shares so much tech with dYdX that you'd think it would be relatively straightforward to implement.
Bitcoin, and then Ethereum by quantity of nodes, decentralized development, geographic location, number of implementations. Outside of that, it seems like Polkadot and Mina are behind https://nakaflow.io. Which makes sense as they are blockchains very close to cypherpunks idiology. Remember when analysing decentralizarion, you can't take any lone parameter, you have to account for many variables. Here you have a good article on it, by a known decentralization defendant from eth space: https://news.earn.com/quantifying-decentralization-e39db233c28e. Regarding ZK. ZK serves for 2 things: privacy and compression. ZK can help decentralized systems to scale (zk coprocessors, commitments, etc) or for privacy (noir, etc). It's a tool that can be used to help decentralization but not the main tool. For now the best decentralization methods are crypto economic security and a good decentralized development.
> Once polygon pos become zk validium, could we see a lot more traction there? not unless it unlocks some in-demand use case or it makes an existing use case an order of magnitude better. Think about Polygon first getting popular, it was *significantly* cheaper than L1. Now with cheap txns everywhere, you're not going to get by on "cheap txns" as a selling point unless it's 10x or more better than the alternative. And that goes for any aspect beyond the cost of txns. >But zk tech is the future, this much seems certain, and polygon is one of the kings of zk right now, so how do you think that plays out? Is it significant enough? I really don't bother trying to understand the tech, it's a fool's errand IMO unless you're actually qualified(and lets be real, not a single person in this sub is). So many people marry a bag because they trick themselves into believing that project is the only project with "good tech" and they aren't even close to having the requisite knowledge to compare that tech to any other project. It's "good tech" that they see in a vacuum, when the reality is that every chain has "good tech", but yet every chain has wildly different levels of growth and activity. Generally I wait for the actual builders and I use that as my proxy for what is and isn't good tech. T Is ZK gonna take over? IDK, what does it even change? It's not a very digestible narrative, it's not like you can immediately tell the advantages as opposed to something like Solana, where it was competing against ETH and had an approach that was diametrically opposed to ETH's modular approach. So if it's going to take over, it needs to have something leveraging the tech, and if people can't figure that out or if it doesn't exist, then it will be a nothingburger. >Agglayer also could be pretty huge. same problem as ZK, unless you can show *how* it could be pretty huge, it won't be. >Polygon pos also isn’t irrelevant. Still has 5 billion in TVL. Half of optimism at the moment but couldn’t it gain traction? Not sure where you're getting your numbers but I'm seeing different figures. https://defillama.com/compare?chains=Optimism&chains=Arbitrum&chains=Polygon&chains=Base
Couple things. Base does not have a token. Not sure if this matters as you can invest in COIN on the stock market. But still. Second, what about ZK tech? Polygon is pretty much at the forefront due to its previous purchases. Once polygon pos become zk validium, could we see a lot more traction there? Arb and OP will still be optimistic rollups when polygon pos becomes a zk L2. Another thing, Polymarket. Maybe it doesn’t matter that much but polygon has the closest thing to consumer adoption of crypto the world has seen and performed flawlessly during the election. Investors may take note? Speaking of the investors - polygon def has a lot of money behind it. So I think it can be successful. But I agree that base and kraken(is that the exchange you’re talking about) will be competitive. And being built on superchain is not great look for polygon. But zk tech is the future, this much seems certain, and polygon is one of the kings of zk right now, so how do you think that plays out? Agglayer also could be pretty huge. Polygon pos also isn’t irrelevant. Still has 5 billion in TVL. Half of optimism at the moment but couldn’t it gain traction? Thoughts?
tldr; Cardano (ADA) has experienced a significant bullish surge, sparking optimism among investors and analysts who speculate it could mark the start of a broader bull run. ADA's price has climbed over 200% in the past month, supported by favorable technical indicators and increased trading volume. The market sentiment is bolstered by recent network developments, including the ZK smart contract on Halo 2 and the upcoming Hydra scaling upgrade. Analysts project a potential 140% surge in the coming months if ADA breaks key resistance levels. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Aleph Zero $AZERO Layer 1 ZK compliant privacy 100000tps 170 million Market Cap
Except Cardano has integrated other curves specifically to allow interoperability already. Also Bitcoin_OS is already working with Cardano to bring bridgeless ZK Bitcoin - Cardano interop first.
AIOZ has just started to pump, impressive DePin tech which I think will be hot topic moving forward. Zebec ($ZBCN) is similar DePin technology. They’re backed heavily by Circle, Coinbase, Solana Ventures. It’s essentially a DeFi settlement protocol. ZK Swap Finance ($ZF) is the native token of ZK Swap Finance DEX. One of the largest DEXs on the ZK Sync Chain.
LINK, FETCH, AERO, AVAX, ZK (or ZF for a small mc)
Cardano takes its time to build right first time, that means it's never had any downtime or restarts, not even Bitcoin can claim that. It's focus on long term correctness means it's now (after 7 years) just starting to get into it's stride in terms of building a truly unique and exciting ecosystem. Cardano shares many features with Bitcoin like UTxO accounting, but also is PoS meaning unlike Bitcoin you can be part of consensus and earn staking rewards. Unlike other PoS coins, there are no time locks, no funky staking derivatives, no hokey smart contracts to get exploited, your ADA stays truly liquid and in your own wallet at all times. In most aspects (not all) Cardano is the most decentralized and secure blockchain, it's minimum attack vector is an industry leading 37, this again is due to its unique and carefully planned design. DeFi on Cardano is small, but so far no hacks have been recorded. Think about that, no-one on Cardano lost money to smart contract or permission errors, it's the safest system (due to meticulous long term design). Recent updates are that (due to its natural UTxO design synergy) will become a DeFi layer for Bitcoin through ZK platform BitcoinOS, bringing all of Bitcoins stored value to Cardano's DeFi. Bitcoiners won't need to leave their Bitcoin wallets, won't even need to know they are using Cardano. Cardano is also one of a very small set doing on chain governance, this is in the upgrade path right now. Holding ADA will give users direct say in the path of the system. People hate Cardano because it's not a meme coin that they can pump n dump, crypto institutions hate Cardano because it's an organic ecosystem with no VCs dumping on retail. But for those of us who want to see crypto adoption into daily lives, Cardano is the safe, robust, sustainable platform that your grandparents could use safely, think about true crypto adoption.
ZK Fold have a plan to do this, and you can vote for it in Catalyst. Voting started today! Everyone vote for ZK Fold! They have three proposals.
tldr; SingularityNET, a decentralized AI platform, has partnered with the Mina Foundation to enhance decentralized AI using zero-knowledge (ZK) technology. This collaboration aims to develop secure AGI applications that prioritize user privacy by integrating SingularityNET's AI infrastructure with Mina Protocol's zk-SNARK technology. The partnership focuses on creating a secure knowledge layer for AI agents, supporting decentralized applications, and improving the Internet of Knowledge initiative for collaborative AI knowledge sharing while safeguarding user data. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
>No, would not completely trust any organization, but would trust some enough for a small amount of money. Much like I trust PayPal with my $50. The issue is that at any point PayPal can deny you access to the service, e.g. based on your location, transaction history, etc. Or they can demand that you verify your identity, or your address, or the origin of your funds, etc. And you can say "fair enough, I'll use something else", but then you find out that there aren't that many options (monopoly) and that all of them are like this (partly because they are forced to comply, partly because they know there are no alternatives). And you might say, "it won't happen to me because I live in a first world country, not some sanctioned shithole, and I am not trying to do anything illegal". Fair enough, but why exactly there should be few entities that dictate the flow of money worldwide, entities whose approval you need to send your own hard-earned money? It is just a matter of principle for us who live in democratic first-world countries and a human right issue with people that happened to be born in countries that are sanctioned (and thus not served by PayPal and the likes) or under oppressive governments. >Did some reading, ZK-Rollups seem like the way to go indeed. But I guess that's not going to happen any time soon. We can only get there if we start being honest and vocal about the many shortcomings of Lightning. Too many people are afraid to criticize it openly because they feel like they are criticizing Bitcoin as a whole if they do. And many others are just delusional, "it works flawlessly for me" and then all they use it for is a couple of transactions per month.
No, would not completely trust any organization, but would trust some enough for a small amount of money. Much like I trust PayPal with my $50. The fees not trickling down is something I didn't consider, nice insight. Did some reading, ZK-Rollups seem like the way to go indeed. But I guess that's not going to happen any time soon.
I believe ZK rollups close the gap with the optimistic rollups, and ZKSync will be the leading ZK.
How is shipping ZK contracts 4 years later than Ethereum good news?
Exactly that. The only ones hyping this up are bagholders. Cardano has zero institutional interest, which wont change over night because they deployed a ZK-smartcontract.
tldr; The Cardano network has successfully deployed its first zero-knowledge (ZK) smart contract on the mainnet using the Plutus v3 ledger language. This milestone allows zero-knowledge applications and partner chains, such as Midnight, to integrate with Cardano. The Halo2 zk-SNARK proving system was used, which enables secure transaction validation without revealing sensitive details. Halo2 builds on the PLONK protocol, offering efficiency and flexibility, and supports recursive proofs for enhanced performance and scalability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Damn Amir Taaki is showing interest in DOT, this guy is the BTC OG genius “Excited by Polkadot’s new JAM protocol and trustless bridges. With ZK, the blockchain trilemma is solved.”
Its not like 100% we will make new ATH but I think its possible. We are at $1, a 30x its nothing when real alt season has not started yet. Last bull it was not on Binance when it it $28. If we talk charts, not much resistence after breaking $2.5.Bridge coming next month, ZK in Q2.
AZERO It has sub 100mil$ MCAP and team is delivering incredible L1 privacy technology which will be bridged to all L2 EVMs, only blockchain with client side ZK proof implementation ready to be used be all EVM chains. Conservative potential of 100x from where we are now.
I disagree, with Cardano implementing scalability with Hydra and Mithril, also easy interoperability with Bitcoin for ZK proof smart contracts, since they both use UTxO methodology - unlike account based chains such as Algorand and EVM(ETH)
Another source - [SmartOSC To Onboard 1,000 Developers To Accelerate Adoption Of ZK Technology Within Mina Ecosystem - SmartOSC](https://www.smartosc.com/news/smartosc-to-onboard-1000-developers-to-accelerate-adoption-of-zk-technology-within-mina-ecosystem/)
Thanks will read more on ZK proofs!
Thanks will read more on ZK proofs!
Generally, off-chain operations. this includes 1. L2s 2. ZK proofs stamped on mainnet 3. Block Data offloading, aka Data Availability Layer
OP, ZK, STRK could follow.
1. Dia - I truly believe oracles will playing a larger factor in this bull run 2. TLOS - L1, ZK, and building in exchange via the binance link program 3. FET - not a meme but AI will have a similar impact as memes in terms of hype this cycle
Blockchain is based on encryption, foremost There are ways to make anonymous transactions. Monero does this, for example, where even leaking your address doesn't expose your history. There are numerous ZK-proof protocols in the works, many functional today, that allow you to prove you have voted without exposing who your vote is for. It's almost just a UX problem at this point. And of course regulatory/trust.