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Theres some great work being done on zk roll ups you might be interested in.
by kybernetikos 5y ago
Theres some great work being done on zk roll ups you might be interested in.
- pphysch 5y agoCongrats to Vitalik or whomever on reinventing settlement banks.
- kybernetikos 5y agoWell, only in the same sense that a blockchain is a reinvention of a government currency issuer - there's a sense in which that's true, but it misses the really interesting stuff. With correctly implemented zk roll ups, the security guarantees are the same as transactions on the main chain. The changes that are rolled up are proved to have taken place correctly, and an end user can extract their money from the roll up even if the roll up network stops functioning. They're also fast. Those are some nice advantages over a settlement bank.