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The zkWars | zkSync & Scroll

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 3 August 2022

⏱️ 81 minutes

🧾️ Download transcript

Summary

The zkWars are heating up. With 3 different teams recently announcing their zkEVM, we’re joined by Alex Gluchowski of zkSync and Ye Zhang of Scroll.

Optimism’s Ben Jones cohosts as we explore why zkEVM is such a big deal, the respective roadmaps to mainnet, and of course… wen token?

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Topics Covered:

0:00 Intro
3:15 Crypto 101
10:00 Alex and Ye
13:25 zkSync
18:20 Scroll
22:30 What's Different about zkSync
31:10 What's Different about Scroll
37:15 zkProof Performance
41:30 Decentralizing Provers
46:30 Approaching Developers
57:07 Challenges to Upgrading
1:03:40 Vibe Check
1:09:20 Centralized Keys
1:17:45 Closing

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Resources:

Ben Jones
https://twitter.com/ben_chain

Alex Gluchowski
https://twitter.com/gluk64

Ye Zhang
https://twitter.com/yezhang1998

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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 live edition of State of the Nation. Today, we're

0:12.3

going to talk about the zero-knowledge EVM, the ZK EVM. David, guide us through. This

0:18.8

is going to be formatted a little bit differently in that after the intro, I am actually stepping

0:24.6

out. So, who do we have on the show? How are we formatting this? And who is helping us

0:28.8

out today? Oh, we've got my good friend Ben Jones from Optimism. And Ben is going to be our

0:34.4

technical co-moderator here to help us unpack the ZK EVM. Ryan, you and I, I think we're pretty smart,

0:41.2

but there's way smarter people in this industry and there's way more technical things in this

0:46.2

industry that we just kind of need some help unpacking. And so, we're bringing in some extra help

0:51.0

from the optimistic roll-up world to help us unpack the ZK side of things. So, coming in in the

0:57.7

second half of the show, once we get, once we get there, we'll have Alex from ZK Sink and Ye

1:02.3

from Scroll. And Ben is going to help us guide us through this conversation to understand a little

1:06.7

bit more about the world of the ZK. Yeah. It's a world that's heating up. I think the title of this

1:12.0

episode is the ZK EVM Wars. And I think, you know, appropriately, it was like three weeks ago. All

1:18.4

three ZK EVM announced something big the exact same week. So, the ZK wars are heating up. David,

1:25.2

also got to tell him a little bit about our friends at Forda. And I think this is a really important

1:33.1

that we talk about tools like Forda right now, because since, did you know, since 2021, 138

1:39.6

Web3 projects have been hacked. And that's cost victims total of $2.3 billion. And of course,

1:47.0

yesterday, David, we just saw the latest bridge hack, $190 million out of the Nomad Bridge. And so,

1:54.3

we reset the clock. It's been, now it's been zero days since the last incident. Tell us a little bit

2:01.2

about how Forda is trying to fix this. Yeah, we can all do our best with some more contract

2:07.2

audits and formal verification and blah, blah, blah, blah. And everyone should be doing that. But you

2:11.2

can also do an additional layer of protection, which is real time, mempool monitoring. And so,

...

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