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Scaling Ethereum To The Next Level with zkEVM

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 30 August 2023

⏱️ 72 minutes

🧾️ Download transcript

Summary

Joining us today for this deeply technical conversation is RiscZero CEO Brian Retford and Justin Drake. RiscZero is attempting to create a zkEVM for Ethereum that will require such low compute requirements that validators could be run on smart watches and mobile phones.

Moderated by Justin Drake, we take a look at the implications this tech can have on the future of Ethereum.
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TIMESTAMPS 
0:00 Intro
7:47 Validator On Your Smartwatch
12:16 Bandwith Requirements
15:00 Implications for mainnet scaling
18:57 Is This Our Multi-Core Moment?
21:35 What is RiscZero?
27:57 Why Build a zkEVM?
32:00 TLDR Summary
35:42 The 3 Steps To Snarks
41:40 Performance Unlocks
43:59 How close are we to all this?
51:54 How Secure is This?
57:34 Licensing this Tech
59:59 RiscZero Business Model?
1:03:53 What’s Next on The Roadmap?
1:06:15 Core Values of RiscZero
1:07:54 How Does Ethereum Look in 5 Years?

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Resources:

The Sci-Fi roadmap to Ethereum: https://www.youtube.com/watch?v=6_NXxcGe7Ts 

Brian:
https://twitter.com/BrianRetford 

Justin:
https://twitter.com/drakefjustin 

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Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, Bankless Nation.

0:01.0

I'm very excited about the episode today.

0:02.8

David is out, and this episode gets technical at time,

0:05.6

so I have E3-searcher Justin Drake.

0:08.2

Well, I'm sure many of you know he's co-hosting with me today.

0:12.0

Some context as we get into this episode.

0:14.5

So we did a previous episode a few weeks ago

0:16.8

called The Sci-Fi Roadmap to Ethereum.

0:19.3

And in that episode, Justin Drake described the end game

0:22.4

for Ethereum.

0:23.2

And he said this, we snarkify everything.

0:26.2

In today's episode, we explore exactly what that means

0:29.1

and how we do it.

0:30.1

How do we snarkify everything?

0:32.2

Our guest today is Brian Redford.

0:33.6

He is the co-founder of What Might Be The World's First Type 1

0:37.2

ZK EVM.

0:39.0

And if you don't know what that means, that's fine.

0:40.5

Neither did I, as we're getting into this episode.

0:42.7

And it turns out that building a Type 1 ZK EVM

0:46.2

is an important part of delivering what Justin Drake called

0:49.4

an enshrined roll-up inside of Ethereum.

...

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