Louis Guthmann zk/acc
@GuthL
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Here it goes: ZKP is to computation what zipping is to a file. Someone has done the computation and compresses it for you to check it. Sometime this computation hides things sometimes it does not… When hides, it aims at privacy. When it does not, it aims at scaling
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L2BEAT has looked into interop and they wrote up a thread w/ their thoughts about EIL (@ethinteroplayer). EIL extends account abstraction across chains: • 1 signature • self-execution • gas powered by AA + liquidity via vouchers • no delegated execution Read more here👇
At DevConnect Buenos Aires, the details of EIL @ethinteroplayer - Ethereum Interoperability Layer were unveiled. We’ve been deep-diving interop protocols for months and our initial assessment of EIL contracts (deployed on testnets already) is following 🧵👇
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At DevConnect Buenos Aires, the details of EIL @ethinteroplayer - Ethereum Interoperability Layer were unveiled. We’ve been deep-diving interop protocols for months and our initial assessment of EIL contracts (deployed on testnets already) is following 🧵👇
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ZKsync joins Starknet in proposing L2/trustless-bridge upgrades for Zcash: https://t.co/HeVliLIuQT Sounds like it might be possible for Zcash to do better than current-Ethereum in concentrating liquidity and in minimizing trust assumptions?
forum.zcashcommunity.com
tl;dr: A recently proposed TZE for native L2s would enable smart contracts on Zcash, but it comes with unsolved challenges around censorship resistance and liquidity fragmentation. We propose a more...
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The bull case for @Starknet with @AbdelStark and @GuthL. Starknet is the pioneer in ZK. We spoke about: - Origins, history and evolution of ZK - Cairo adoption - Ethereum scaling - Privacy - UX and apps - L1/L2 debates - BTCFi - New tokenomics https://t.co/BeHSIt1pKW
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This is why StarkWare going where ZK still makes sense business wise is just good business directions. And more L2s should follow through as we have seen with their price action and TVL drop. This is the real danger for Eth.
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All those killed Eth business model, undercutting its value accrual via L1 consumption, killed the Eth value as a coordination layer (L0 is that coordination layer now), pushed the market to accept terrible trade offs (see HLP not being an L2).
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- Blobs were made for ORollups only: ZK are 100x cheaper than ORs otherwise - Solvers removes the needs for Eth as source of truth all together - Acceptance of centralized ORs for years (while shitting on actually better tech at the time like Polygon) - and more All those...
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I have seen many irritated replys from some Eth people, explaining that StarkWare are sore losers. What they don't get is that Eth made choices which makes ZK kind of irrelevant. Thread🧵
Yesterday I visited Solana breakpoint for first time. Here’s my takeaway: Solana devs love Starknet (and Zcash), want to deploy, learn, work with us. I felt way more at home there than at Ethereum conferences. And the fact that Cairo is ZK-Rust is really appreciated there.
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Fun fact: our next contestant helped generate Ethereum's highest average block size per day 🧠 Please welcome, @GuthL 👏 Former @StarkWareLtd Head of Product now building in stealth, he hopes to use the prize money to make up for trading losses. Good luck, Louis!
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the best normie explanation of ZKPs i’ve ever seen is still the one my friend @guthl dropped: zkp is to computation what zipping is to a file. someone does the heavy work, compresses it, and you just verify the "zip" instantly. sometimes the zip hides parts → privacy
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finallyyyyy! many months of waiting for this one even flew to paris to poke circle with @abdelstark + @GuthL last year anyway - native USDC on starknet is here and if you’re migrating USDC.e → USDC, avnu is the best place to do it we support the migration contract + all
Native @USDC is now live on @Starknet and yes, avnu supports the full migration for you. For users: 👉 one-click USDC.e → USDC migration swap 👉 we route you to the best option (migration contract or liquidity pools) For integrators: 👉 zero changes needed: token lists,
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I just implemented freivalds-stwo, a STARK-based AIR for proving matrix multiplication, built on top of @StarkWareLtd’s S-two. It produces succinct proofs of Freivalds’ algorithm, which probabilistically verifies whether C = A × B in O(n²) instead of O(n³). Some benchmark so
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Do We Really Need Non-USD Stablecoins? In the last few days, CT heavily discussed if we need non USD stablecoins or not, and I feel like no one was logical. It was basically two types of people on this topic: Hopium people: “everyone deserves their money to be moved onchain”.
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My favorite Quantum CS person in world and one of the best blogger too
Will quantum computing kill Bitcoin? @EliBenSasson & Prof. Scott Aaronson, one of the world’s leading quantum computing experts, are hosting a special webinar to explore how quantum breakthroughs could reshape the crypto landscape. December 2nd, 2:30 PM UTC. RSVP required 👇
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Will quantum computing kill Bitcoin? @EliBenSasson & Prof. Scott Aaronson, one of the world’s leading quantum computing experts, are hosting a special webinar to explore how quantum breakthroughs could reshape the crypto landscape. December 2nd, 2:30 PM UTC. RSVP required 👇
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Starknet's stablecoin supply. And that’s before native USDC + CCTP V2 + LayerZero have even entered the picture. (coming soon) General direction: Up!
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My dad today: "so first you bet your life on bald people Fine. Weird, but fine! But now I find out you dedicate your entire existence to a coin whose logo is a … toothpaste? a fucking toothpaste? What the hell is wrong with you? You’re exactly like your mother’s brothers.
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