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Bankless

The ZK Fast Track | Andrew & Uma of Conduit & Succinct

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 4 December 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

Last month, Andrew Huang (Conduit) and Uma Roy (Succinct) announced OP Succinct, a groundbreaking collaboration that blends Succinct’s SP1 zkVM with Conduit’s Rollup-as-a-Service platform. This new zkEVM promises 1-hour finality, breaking away from the traditional 7-day delays seen with optimistic rollups.

In this episode, we unpack what makes OP Succinct a game-changer and how it challenges the conventional ZK rollup landscape. Why is this Rust-based zkVM approach so different? Is ZK rollup tech finally ready for prime time? And could fast finality and the end of fraud proofs be the key to solving Ethereum’s fragmentation problem?

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TIMESTAMPS

0:00 Intro
2:52 zk Rollups Past vs. OP Succint 
5:48 OP to zk Rollups Tradeoffs & Timeline
12:39 Benefits of 1-Hour Challenge Period 
15:34 Scaling the Rollups 
18:12 Endgame Vision 
20:47 Cost of Proving Must Go Down?
21:55 Conduit’s Distribution Role
25:55 AggLayer vs. zk & Adoption 
29:57 zk Rollup on ETH L1 Constraints?
35:53 Ethereum’s Negative Sentiment
51:04  Closing & Disclaimers 

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RESOURCES

Uma Roy
https://x.com/pumatheuma 

Succinct
https://www.succinct.xyz/ 

OP Succinct
https://github.com/succinctlabs/op-succinct 

Adrew Huang
https://x.com/KAndrewHuang 

Conduit
https://x.com/conduitxyz 

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Transcript

Click on a timestamp to play from that location

0:00.0

really interesting thing that we've seen with like succinct and ZK in general is just the cost

0:04.5

curves are coming down. And so if we can find a foothole today and kind of a low throughput

0:08.6

chains or even higher throughput chains where users are willing to pay that additional

0:12.6

transaction cost, it just gets better over time. And welcome to Bankless where today we are exploring the frontier of ZK technology.

0:24.1

It's been said that ZK is the end game.

0:27.5

And it's also been noted that ZK technology has been progressing a little bit faster than

0:32.0

people previously anticipated.

0:34.4

Meanwhile, in the old world of optimistic roll-ups, we are still kind of stuck in stage

0:39.0

zero, stage one of the roll-up decentralization. Our two guests today, Uma Roy from Sucinct

0:45.6

and Andrew Huang from Conduit, I think that they have a silver bullet to leapfrog a bunch

0:51.3

of the optimistic roll-up stacks. What do we get with what they are delivering?

0:56.6

The OP succinct is potentially hyperscale roll-ups that are at stage one or stage two,

1:04.7

that have what are like restful APIs between roll-ups to be able to talk to each other and fix

1:10.1

some of Ethereum's

1:11.0

fragmentation. Is this the silver bullet that they promise? Well, this is the big question

1:16.5

that we ask in this episode, and how does this fix Ethereum's fragmentation? I'm pretty excited

1:22.0

about this. The fact that this is already out in production is pretty cool. So we will let you,

1:27.2

Bankless Nation, judge for yourself

1:28.3

about what you think. But I love this episode quite bullish. All that sounds superbrainy, David,

1:32.6

but my biggest question going to this episode is, does this help my eth-bags at all? Okay.

1:37.4

And that's a question. Could ZK supercharge the Ethereum roll-up-centric roadmap? Could it even

1:43.7

supercharge the initiative to make L1 better?

...

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