Most people think that privacy projects have too much regulatory red tape to ever make it far.
But that misses the point.
Privacy ≠ Secrecy
Privacy = Control over disclosure
Institutions NEED privacy. They don't want competitors seeing their trading strategies. They don't want client data exposed on public ledgers. They don't want transaction history permanently visible.
This is why ZK matters for institutional adoption — not just for cypherpunks.
Pragma mode: ON ⚡️
@zkLawyer_ takes the stage at 3pm to talk privacy + programmable disclosure (aka. Privacy that actually works).
If you spot the Mina crew (or Grass Man 👀), come say hi.
Mina is uniquely suited for zkID use cases because you don't need to rely on a single (zk) identity provider and can compose multiple proofs efficiently through recursion.
Thanks @PrivacyEthereum for letting me talk about @MinaProtocol at @EFDevcon
I propose myself to lead DevConnect next year, I got only one promise ‘GOOD INTERNET CONNECTION’! I couldn’t even connect to 3/4G to call an uber! Aside from that the event is great, but in 21st century we should be able to do better with internet set-up 🙏 #devconnect
Private and compliant Stable Coin built with @MinaProtocol - this will be one of the best products in the space. A lot of work behind the scenes going on right now at @MinaProtocol and @o1_labs - we’ll share a lot of exciting stuff very soon!
We’ve just completed implementation of a novel self-governing DAO architecture for the Fizk Protocol. This system supports holistic protocol governance, from adjusting risk parameters to upgrading the verification keys of smart contracts. It represents an important step toward progressive decentralisation and is a key milestone as we move closer to mainnet deployment.
This design enables off-chain, proof based governance of a decentralised protocol, preserving transparency while ensuring efficient execution.
With that being said, we are now actively exploring new architectural directions.
One of our original working assumptions when building out Fizk was the availability of a DEX on Mina and a bridging mechanism to extend zkUSD beyond Layer 1. As a result, the protocol has been built as a self-contained system. But this assumption may no longer hold, so we’re evaluating alternatives.
Specifically, we’re investigating whether zkUSD could be implemented as its own zkRollup.
The goals of this architecture are twofold:
- First, to explore whether we can use a high-performance shared execution environment, such as Sui or Solana, as the sequencer for the rollup, benefiting from their speed while retaining the security and decentralisation guarantees of Mina by settling state to L1.
- Second, can we design a confidential yet compliant stablecoin, shielding user balances and transactions while maintaining adherence to international financial regulations.
If we are successful we could enable a stablecoin that is both decentralised and privacy-preserving, while remaining operable within the evolving regulatory landscape. Which would be very exciting indeed!
Dating is broken..
Overexposure to private information and security risks has created a $12B problem.
What if a solution existed, decentralized, private, and anyone could onboard using their Instagram account?
Introducing zkPoke and the Magna Verification Layer.
TLDR; censorship-resistance is important.
Real life working example? Check out our work at @zkVot_io using @MinaProtocol with @celestia and @AvailProject
This is how you achieve censorship-resistance & ZK scalability
Thanks @CryptoCanal for this panel!