CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Vitalik Buterin and Anoma Founders Discuss ZK Potentials in Web3 Social Protocols

July 26, 2024
in Blockchain
Reading Time: 3 mins read
A A
0
Brazilian fintech giant XP Inc Launches Crypto Trading Platform XTAGE
0
SHARES
4
VIEWS
ShareShareShareShareShare


Jessie A Ellis
Jul 26, 2024 02:36

Vitalik Buterin and Anoma founders delve into Zero-Knowledge Proofs’ potential in Web3 social protocols at ETHCC[7] in Brussels.





During the ETHCC[7] in Brussels on July 9th, Mask Network, in collaboration with Lens Protocol and SendingMe, hosted the Web3 Social Day side event. The event featured a panel titled “Exploring ZK Potentials on Social Protocols,” which included prominent figures like Vitalik Buterin (co-founder of Ethereum), Chris Goes (Founder of Anoma), Shumo Chu (Founder of Nebra Labs), and Elias Tazartes (Co-Founder of Kakarot), moderated by Joshua Davila, the Blockchain Socialist.

Key Insights on Zero-Knowledge Proofs

The panelists engaged in a detailed discussion on Zero-Knowledge Proofs (ZKPs), their limitations, and their potential to transform decentralized social networks. Shumo Chu, who has worked with ZK pioneer Silvio Micali, described ZK as “an encryption on computation,” emphasizing its dual benefits of privacy and efficiency.

Chu elaborated that ZK allows for selective disclosure of information, adding privacy to computational inputs and outputs. This is particularly valuable for decentralized social networks, where privacy and selective information sharing are crucial.

Scalability and Efficiency

Elias Tazartes highlighted the transaction efficiency of ZK, noting its significance for networks handling large transaction volumes. He mentioned Lens Protocol’s new chain that uses a ZK stack for compression, enhancing scalability and integrity.

Chris Goes discussed “information flow control,” explaining that ZKPs offer granular choices in information disclosure, contrasting with the negative connotations of “privacy” as hiding information. He emphasized that ZKPs enable better theoretical frameworks for reasoning about data disclosure in digital systems.

Combating Deepfakes and Enhancing Trust

Shumo Chu introduced the concept of ZK cryptography as a defense mechanism against deepfakes. He cited a ZK microphone developed during a hackathon, which attaches a digital signature to verify authenticity. Chu also discussed the need for improved developer tools and proof aggregation infrastructure to enhance Ethereum’s ZK processing power and reduce gas fees.

Elias Tazartes reminisced about the evolution of ZK terminology, noting that terms like “validity roll-ups” did not stick as well as ZK Proofs. Chris Goes remarked that ZK had become a meme term used for funding applied cryptography, suggesting a need for more precise language in the future.

Vitalik Buterin’s Perspective

Vitalik Buterin made a notable entrance despite stormy weather and shared his thoughts on “information flow control.” He suggested that the term aims to make ZK technology sound less intimidating while being more precise. Buterin emphasized that decentralized social networks should enable unique front-end experiences and specialized content filtering, citing examples like Farcaster and Firefly.

Challenges and Future Directions

The panelists acknowledged challenges in user experience and the need for better education on the benefits of data ownership. Vitalik Buterin stressed the importance of letting users preview data disclosures before committing actions and whitelisting trusted applications. Chris Goes added that UI improvements are crucial for clearly showing data disclosure and restricting application access.

The discussion concluded with a focus on making ZK proofs user-friendly and emphasizing the importance of privacy by default. Panelists agreed that better stories are needed to highlight why privacy matters to the average web user.

Wrap-up

This thought-provoking panel discussion offered a glimpse into the potential of Zero-Knowledge Proofs to revolutionize social media. While ZKPs offer exciting possibilities for privacy, selective disclosure, and network efficiency, the panelists acknowledged challenges in user experience and the need for better education around the value of data ownership.

Here are the key takeaways:

Beyond Privacy: ZKPs offer more than just privacy; they enable granular control over information disclosure and verification of data authenticity.

Improved User Experience: Simplifying interfaces and permission settings is crucial for wider adoption. Designated verifier ZK proofs can help with targeted disclosure.

Education is Key: Highlighting the benefits of data ownership and control over information flow will be essential for user adoption.

Despite some challenges, the panelists seem to believe ZKPs hold the potential to create a future where users can control their data and social experiences, free from centralized gatekeepers and algorithmic manipulation. The ability to create unique social protocols that feature specialized content may pave the way for a more diverse and user-centric social media landscape.

For more details, visit the Mask Network.

Image source: Shutterstock


Credit: Source link

RELATED POSTS

Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Riot Platforms Sells $289M in Bitcoin as Mining Output Drops 4% in Q1

Exploring Chainlink’s Role Beyond Price Feeds in the Blockchain Ecosystem

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Arkham Integrates with Coinbase Wallet for Enhanced Tracking

Next Post

Anyscale and MongoDB Collaborate to Enhance Multi-Modal Search

Related Posts

Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High
Blockchain

Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

April 10, 2026
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
Blockchain

Riot Platforms Sells $289M in Bitcoin as Mining Output Drops 4% in Q1

April 2, 2026
Galaxy Digital: Ethereum Developers Discuss Key Upgrades During Latest Consensus Call
Blockchain

Exploring Chainlink’s Role Beyond Price Feeds in the Blockchain Ecosystem

December 9, 2025
Next Post
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Anyscale and MongoDB Collaborate to Enhance Multi-Modal Search

Russia-Linked Banknotes Blamed for Libyan Dinar Plunge

Russia-Linked Banknotes Blamed for Libyan Dinar Plunge

Recommended Stories

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Can US-Iran new peace deal signal keep Bitcoin above $70,000?

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026

Popular Stories

  • Aptos (APT) Technical Analysis: Wyoming Stablecoin Partnership Fuels Bullish Momentum at $4.60

    MATIC Price Prediction: $0.80 Target by November 2025 Despite Current Bearish Momentum

    0 shares
    Share 0 Tweet 0
  • Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • US Bans AI-Generated Voices Used in Scam Robocalls After Biden Impersonation Frauds

    0 shares
    Share 0 Tweet 0
  • Executives From Coinbase and Other Crypto Firms To Testify at Hearing on Digital Assets in Washington

    0 shares
    Share 0 Tweet 0
  • Leading US-based energy firm explores Bitcoin mining

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.