Episode 148: A Tale of Sushi(Swap) with Tarun, Hasu and Anna – Part1

In this special podcast crossover episode, Tarun, Hasu and Anna cover the emergence of governance tokens in the DeFi space and then dive deep into the Sushiswap story – what protocols came before and how it performed a vampire attack on (what was at the time) a tokenless Uniswap. This story acts as a fascinating case study as well as a cautionary tale for moat-less protocols.

This episode is the 1st of 2 parts, with the 2nd part airing on Hasu's Uncommon Core podcast

In this part, we cover the definition of governance tokens and the first half of the sushi swap story.

Tarun also mentions “impermanent loss” in this episode. However this term has been called to “divergence loss” and you can read more about what it is here.

A quick caveat: We recorded this episode just hours before the Uniswap token launch, and so we decided to produce an amendment section to tackle the aftermath of the launch and wrap up the story. You can find this here:
Sushiswap Bonus Chat


Thanks to our sponsor Least Authority.

Least Authority is a security consulting company known for their dedication to pushing the limits on how to build privacy-respecting solutions. They are a team of security researchers, open source developers, privacy advocates, cryptographers who specialize in security audits, design specification reviews, and security-by-design.

Known for their security reviews, including work with zero knowledge proofs as well as having implemented zero-knowledge access passes with the distributed storage system, Tahoe-LAFS.

It seems fitting then that they are now working on a step by step guide to building zk-SNARKS called The MoonMath Manual which you can find and donate to on Gitcoin

As an aside, the Zero Knowledge podcast also has a grant there, so you might consider donating to both!

If you are interested in working with Least Authority on anything zero-knowledge related, reach out to them – whether you want an audit of your project, want to collaborate on security research or even just want to learn more about zk proofs, they would like to hear from you. I’ve added the email in the shownotes, contactus@leastauthority.com or visit them at LeastAuthority.com


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Previous Episodes

Episode 320: A Deep Dive into Shared Sequencers with Espresso’s Ben Fisch

In this week’s episode, Anna (https://twitter.com/annarrose) and Brendan Farmer (https://twitter.com/_bfarmer) catch up with Ben Fisch (https://twitter.com/benafisch), CEO of Espresso Systems (https://www.espressosys.com/). They explore the inner workings of the current L2 sequencing landscape and then discuss how a shared sequencing marketplace like Espresso works. They touch on how MEV plays a part in the new system, how the role of the sequencer can be separated into subroles, how all these parts will work together in such a system and much more.

Episode 319: The Past & Present of the L2 Landscape with Jordi Baylina

In this week’s episode, Anna catches up with Jordi Baylina, OG Ethereum contributor and Polygon zkEVM Technical Lead. They cover what Jordi has been working on since he was last on the show in 2021. Back then, zkEVMs were still just an idea. Now that many of these systems have launched, they have a chance to look at how these fit into the general L2 landscape.

They cover Jordi’s view on engineering decentralized systems and how these are rolled out, and the recent research from Polygon, including their AggLayer proposal. They wrap up on what inspires him to keep contributing in the space.

Episode 318: Threshold Signature Schemes & FROST with Chelsea Komlo

In this week’s episode, Anna and Nico chat with Chelsea Komlo, Chief Scientist for the Zcash Foundation and member of the Cryptography, Security, and Privacy lab at the University of Waterloo.

They discuss what sparked Chelsea’s interest in cryptography research, starting with her work contributing to Tor, to her move to Zcash and her PhD work on Threshold Signature Schemes. They define some important terms around different signature schemes and discuss possible optimizations that can be used to make these more performant. They then dive into her work on the FROST Threshold Signature Scheme plus some new upcoming work.

Episode 317: Enhancing On-Chain Intelligence with Ritual

This week, Anna and Tarun chat with Niraj Pant and Anish Agnihotri from Ritual. They kick off by revisiting the AIxCrypto intersection before diving into the Ritual product and its goals around developing open access AI infrastructure. They explore the opportunities that open up when you bring ML to smart contracts.

Bonus: zkSummit11 reminder!

Quick reminder about our upcoming zkSummit 11 event. Happening in Athens on April 10th, we once again bring together the top researchers and engineers working in zk to share their latest research and new findings.

Episode 316: Alin Tomescu on Distributed On-chain Randomness and Keyless Accounts

In this week’s episode, Anna and Nico chat with Alin Tomescu, founding team member and Head of Cryptography at Aptos Labs. They discuss Alin’s journey to Aptos and his work on distributed on-chain randomness as well as the new Aptos Keyless project. They cover the Keyless accounts architecture, how the flow works for the user and some of the subtleties in the approach they have taken.

Episode 315: ZK Hack Ecosystem & Winners of ZK Hack IV

This week’s episode is a little different from the usual and is split into two parts with Anna and Kobi exploring the history of ZK Hack, its origins and how the event has evolved into what it is today, including current activity in the ZK Hack ecosystem. The second half of the show splits off into Anna and Nico chatting the top 3 hackers from ZK Hack IV Online, which wrapped back in February. Each mini interview catches up with one of the winners and dives into what it was like to hack on the puzzles, which their favourites were and how they can be improved in the future.

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