The zkEVM is Here | Alex Gluchowski of zkSync
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 2 March 2022
⏱️ 72 minutes
🧾️ Download transcript
Summary
zkEVM is here! Alex Gluchowski, CEO & Co-Founder of Matter Labs and of zkSync is here to talk about the huge accomplishment he and his team brought to market this past week. This is the first EVM-compatible ZK Rollup on Ethereum’s testnet!
Is this the endgame of blockchain scalability? How were Alex and his team able to bring this to market way sooner than expected? Why is this important and a monumental leap forward for the space? Find out the answers to these questions and much more on this week's State of the Nation with Ryan and David!
DONATE TO UKRAINE USING CRYPTO:
https://twitter.com/Ukraine/status/1497594592438497282?s=20&t=kiFqqEmK2QtdOA8KcwUq1g
------
📣 OPOLIS | Sign Up to Get 1000 $WORK and 1000 $BANK
https://bankless.cc/Opolis
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🍵 MATCHA | SMART ORDER ROUTING
https://bankless.cc/Matcha
🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING
https://bankless.cc/Slingshot
🏦 GEMINI | TURN FIAT INTO CRYPTO
https://bankless.cc/Gemini
🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants
------
Topics Covered:
0:00 Intro
6:00 Alex from Matter Labs
9:51 What is a zkEVM?
15:57 The Breakthrough
19:08 zkSync 2.0 Public Testnet
24:04 The User Experience
29:37 Developer Tooling
32:48 Why zkRollups?
37:22 Security, Centralization, Trust
41:51 Justin Drake's Question
46:33 The Roadmap
50:30 Wen Mainnet?
53:15 Wen Token?
58:51 zkDAO
1:00:52 Ukraine
1:06:57 Crypto's Impact in Ukraine
1:11:00 Closing & Disclaimers
------
Resources:
UkraineDAO
https://twitter.com/Ukraine_DAO?s=20&t=k_QiuIA3ZukqUPd9gy--LA
Alex Gluchowski on Twitter
https://twitter.com/gluk64
zkSync on Twitter
https://twitter.com/zksync
zkDAO
https://twitter.com/zkdao_official?s=20&t=9HO7KyxvPEwqBhAo6SgbEA
zkSync's Website
zksync.io
zkSync 2.0: Public Testnet is Live!
https://matterlabs.medium.com/zksync-2-0-public-testnet-is-live-de870ba9632a
Modular vs Monolithic Blockchains
https://shows.banklesshq.com/p/modular-vs-monolithic-blockchains?s=w
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, Bankless Nation. Welcome to another state of the nation episode. We've got a fantastic |
| 0:11.3 | episode here for you. Look, something we thought they said was years away. Apparently has |
| 0:18.7 | just come to Ethereum. This is a key cornerstone in the efforts to scale Ethereum into the future. |
| 0:28.2 | And that is a ZK EVM compatible roll-up. We're going to be talking about that today. David, |
| 0:35.8 | who do we have on the show today to speak about that? Yeah, we have Alex, the co-founder, CEO |
| 0:40.8 | of Matter Labs, who is the team behind ZK Sync and ZK EVMs, what we're talking about today, |
| 0:48.1 | ZK roll-ups, especially in the last year of 2021 of Ethereum, that video of Vitalik talking |
| 0:54.5 | about how the Internet of Money needs to cost five cents has been a source of comedy for everyone |
| 1:00.2 | who's pointing at how high Ethereum's gas fees are. Well, when Vitalik made that comment about how |
| 1:05.3 | the Internet of Money needs to be five cents, he's talking about ZK roll-ups. He's talking about |
| 1:09.8 | the ZK EVM. And as of very recently, the ZK Sync team, the Matter Labs team, has been able to |
| 1:15.7 | put a ZK EVM on a test net, which means we have a ZK EVM ready to go. We just got tested out |
| 1:23.6 | first. And so we're going to ask Alex about all of these questions that we have as what's left |
| 1:28.4 | in this roadmap, what can people do now? When is this going to be ready for users? And of course, |
| 1:33.0 | the obvious and most fun question, when token, and just a few more conversations of that nature. |
| 1:38.3 | Yeah, it's an incredibly important subject, particularly this year. This is the year, it's a |
| 1:45.6 | proof year for Ethereum's scalability approach. We're also going to be talking about probably toward |
| 1:50.6 | end of the episode, maybe at the front too, about Ukraine. Understand many of the Matter Labs |
| 1:55.8 | team is actually located in Ukraine. Alex himself was born in Ukraine. I think crypto has a story to tell |
| 2:01.8 | and a role to play there. So we'll be talking about that. David, before we get into the episode, |
| 2:06.2 | though, we've got a special PSA from our friends at Opalus. All right, Opalus is awesome. |
| 2:13.1 | Like straight up awesome. If you want to become a self-sovereign Web 3 worker, you got to check |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

