Episode 257: Proof of Solvency with Kostas Chalkias

This week, Anna explores the topic of proof of solvency with Kostas Chalkias, co-founder and chief of Cryptography at MystenLabs. They cover Kostas’ background in Cryptography and explore his work on Proof of Reserves, otherwise known as Proof of Solvency. They review past Proof of Solvency models using ZKPs and look at the protocols that major centralized exchanges are currently using. Then they dive into the security vulnerabilities, privacy issues, and general bugs that Kostas and his collaborators have identified in these protocols and their recommendations on how to better build Proof of Solvency systems.


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Today’s episode is sponsored by Aleo

Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.

If you’re interested in building private applications then check out Aleo’s programming language called Leo. Visit leo-lang.org to start building.

You can also join Aleo’s incentivized testnet3 by downloading and running a snarkOS node. No sign-up is necessary to participate. For questions, join their Discord at aleo.org/discord.


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Previous Episodes

Episode 340: Is Cosmos Dead? A critical look with Zaki Manian

This week Anna and Zaki Manian dive into the Cosmos ecosystem and ask the question: is Cosmos Dead? They explore key events, teams and players who worked on Cosmos during different eras before teasing out the strengths and structural flaws that made the project what it is today. The conversation wraps with a discussion around new initiatives aimed at reviving the ecosystem and aligning factions in Cosmos together towards a central goal.

Episode 339: TEEs with Andrew Miller

In this week’s episode, Anna and Tarun catch up with Andrew Miller. They cover his early work on consensus, ZK and MPC before switching focus to the topic of his current work: TEEs. They map his evolving opinion on TEEs and explore why they could be seen as an optimal solution to many of the blockchain challenges.

Episode 338: On Trust Infrastructure with Arnaud Schenk

This week Anna and Nico chat with Arnaud Schenk, one of the original co-founders of Aztec and creator of the Polaris Fellowship. They discuss Arnaud’s recent blog post ‘On Trust Infrastructure’, exploring the down sides of a trustless system, the need to make online community building more possible and how programmable cryptography may play a role in these solutions. They explore the history of computer culture, the rejection of institutions by mid-90s internet culture and how the seeds for this were set by the 60s counterculture.

Episode 337: Restaking Research with Naveen & Tarun

In this week’s episode Anna and Tarun chat with Naveen Durvasula about his recent work ‘Robust Restaking Networks’. They discuss Naveen’s early work on matching markets and how this led him to work on mechanism design before exploring how the concepts of restaking were first presented, and how both Naveen and Tarun have been working to better model the mechanisms underpinning restaking, to understand how they work and how they can be optimized.

Episode 336: ZK in Celestia with Connor O’Hara

In this week’s episode, Anna chats with Connor O’Hara from Celestia. After discussing the latest ZK Hack Montréal event where Connor was a judge, they dive into his professional background, the ecosystems he has been a part of and what led him to work on Celestia. They then discuss various ZK-focused initiatives within the Celestia ecosystem.

Episode 335: Groth16, IVC and Formal Verification with Nexus

In this week’s episode, Anna chats with Jens Groth and Daniel Marin from Nexus. They catch up on all things Groth16 with the author himself before diving into a variety topics, such as formal verification in the context of ZKPs, the Nexus architecture, the benefits and challenges of building a system from the ground up, folding and IVC plus the properties these offer in a zkVM context and much more.

Bonus: zkSummit 12

Hey! There is no episode this week, but wanted to share an update about zkSummit 12 – happening on Oct 8 in Lisbon. If you want to join, be sure to apply to attend. If you want to apply to speak, the deadline to apply is Aug 15th. Both application to attend and the application to speak are in the same form that can be found @ www.zksummit.com

Episode 334: ZK Research Update with Joe Bonneau

In this week’s episode, Anna and Guille catch up with Joe Bonneau, Assistant Professor at NYU and Research Partner at a16z crypto research. They discuss the research Joe has been working on since he was last on the show in 2019, including Naysayer proofs, Zero-Knowledge Middleboxes, Sealed-Bid Auctions and other ZK-related research projects to date.

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