The post Vitalik Buterin and Anoma Founders Discuss ZK Potentials in Web3 Social Protocols appeared on BitcoinEthereumNews.com.

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…

---

Filed under: News - @ July 27, 2024 1:20 pm