Zac Williamson&Joe Andrews: Aztec - Privacy-preserving, hybrid ZK rollup - a podcast by Epicenter Media Ltd.

from 2023-12-13T18:20:55.562878

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In order to achieve true transaction privacy, it is not enough to encrypt or build ZK proofs for transaction bundles, as long as the underlying blockchain uses an account-based model. Aztec is building a ZKVM that superposes an UTXO model, so that balances are constantly updated as new, untraceable, log entries. The upcoming Aztec 3 aims to enable privacy-preserving smart contracts, using a hybrid, multi-layered rollup. This approach allows for both public and private smart contracts to be executed simultaneously.

We were joined by Zac Williamson & Joe Andrews, to discuss the evolution of Aztec, from ZK Money to their upcoming privacy-preserving hybrid ZK rollup.

Topics covered in this episode:

  • The evolution of Aztec, from ZK money to Aztec 3
  • How Aztecā€™s ZKVM ensures privacy for Ethereum transactions
  • The need for UTXO model for privacy-preserving encrypted databases
  • Interacting with public smart contracts in a private manner
  • Technical roadmap and challenges faced along the way
  • How Aztec differs from Mina protocol
  • Recursive proofs
  • Estimating gas
  • Main-net sequencer decentralisation
  • Goblin Plonk
  • The future of programmable privacy

Episode links:

This episode is hosted by Felix Lutsch. Show notes and listening options: epicenter.tv/499

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