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David Hoffmann

👤 Speaker
595 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

So less in terms of total expressivity of all the use cases that I thought it might do at one point in time.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

But the things that it's doing is to a deeper level and like in a way that seems so full steam ahead and it's accomplishing more.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

Like the speed at which it's actually revolutionizing Wall Street and saturating that, like getting the genius bill signed.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

These are huge things, milestone moments.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

And so at the same time, it's,

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

It's come farther than I thought it would when I started in crypto, but also just in a more limited set of use cases.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

Anyway, let's talk about ZK, David.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

So part of maybe why people are bullish Ethereum, as we talked about earlier, is ZK technology.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

So tell us about this.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

This is ZK Sync.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

They're deploying ZK technology in a layer two and unlocking some pretty cool things with...

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

They call it the Atlas.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

That's their name for this network.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

The Atlas upgrade, yeah.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

Okay, that's an upgrade.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

Tell us about this.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

This is a demo.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

So this is a demo of, I believe what they're trying to do is they're taking out a loan.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

They're on a zksync L2, and they're taking out a loan on L1 Aave.

Bankless
ROLLUP: Rate Cuts! | ZK Breakthroughs | Farcaster’s Pivot | SEC Onchain | NYT’s Stablecoin FUD

So, interacting directly with L1 Aave in a seamless way without having to bridge over.