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Ryan Sean Adams

๐Ÿ‘ค Speaker
3675 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

That's where we remove the re-execution.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

A great Elon Musk quote here is, the best part is no part at all.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And what a cryptographic proof does is it removes the whole part of re-execution.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

So blocks in a blockchain get executed once, and then no one has to actually re-execute it.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

They can just trivially verify it, which allows for a lot of redundant work to get removed from the system.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And that allows for just work being constrained down to one block producer.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And then everyone else is just like, thumbs up, that is correct.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And we really like take off the brakes off of a blockchain system.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

Now, the reason why Bitcoin wasn't built like this in the first place, the reason why Ethereum wasn't built or any other blockchain wasn't built like this in the first place was, you know,

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

Technological progress along cryptographic hashes also needed to mature.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

Maybe you could like take everything that I just said and run with it, but also talk about just like the technological parallel path of cryptographic proofs as they've been progressing alongside blockchains.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

Instruction, yeah.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

I really like the idea of there has been this three parallel paths of computing, first starting with computers where they were first narrow and then we were able to make them generalized and then we were able to make them generalized and fast, which is where modern computers are now to this day.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And then we created blockchains, you know, virtualized ledger-based computers in the sky, decentralized systems.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

They started narrow with Bitcoin.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And then we learned to generalize them with Ethereum.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And then we learned to generalize them and make them fast with many other smart contract chains.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And now we are doing the same thing with cryptography.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

Started narrow with cryptography, learned to make it generalized, and now we are making them generalized and fast.

Bankless
Ethereum's Last Big Upgrade: The zkEVM | Ansgar Dietrichs

And that generalized and fast unlock on the computing tech tree of cryptography is now being able to be taken and bestowed into Ethereum, which is what we're going to talk about for the rest of this episode.