POPULARITY
In our final episode of Season 9, we're speaking with Jill Gunter, Chief Strategy Officer at Espresso Systems, the coordination layer that unites chains, rollups, and applications.We start off with a hot topic nowadays which is whether we should be focusing more on building infrastructure or apps. You might assume you know where Jill stands on this topic as someone who's working on a middleware solution, but there's actually a lot more to the story from her perspective. Jill has lots of excellent analogies to help us better understand technical concepts like shared sequencers and rollups, and she debunks some common misconceptions people have about Espresso ahead of their mainnet launch this quarter. This is an excellent episode for the nontechnical person to listen to to better understand how various components of blockchains work, as well as for the more technical person to have some of their uncertainties about shared sequencers and the work Espresso is doing around that cleared up.Jill was nominated for Rehash by Meg Lister and voted onto the podcast by Richie Bonilla, Irina Marinescu, Meg Lister, and Diana Chen. COLLECT THIS EPISODE SUBSCRIBE TO REHASH PODCAST CLUB (RPC) FOLLOW REHASH:TwitterWarpcast (Farcaster)TikTokInstagramNewsletterRehash Podcast Club (RPC)Diana Chen (Host) IMPORTANT LINKS:Jill's TwitterEspresso's TwitterLayer 2s as cultural extensions of Ethereum by Vitalik Buterin TIMESTAMPS0:00 Intro3:47 Infra vs apps14:40 What is Espresso and what are shared sequencers? ELI535:13 Future of Layer 2 blockchains39:01 Ethereum vs Solana48:47 Future of zk rollups50:07 Being a new mom in crypto56:31 Can You Not58:44 Follow Jill DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
Ethereum's early marketing was focused on building an infinite garden. An open space, for experimentation and innovation of any kind. No walled gardens. No closed systems. No incentive misalignment. That has changed, and its time to talk about how we can adjust our course as a community. Ethereum's shift towards a rollup-centric roadmap has been imperative for scaling. It's led to the emergence of rollup clusters like Optimism's Superchain and Arbitrum Orbit, each creating their own ecosystems within the larger Ethereum network. While this has been a necessary step for handling more transactions and reducing costs, it's also introduced a new layer of complexity—fragmentation. In the early days of Ethereum, composability—the ability for different DeFi applications to seamlessly interact with each other on L1 during DeFi Summer—was one of the platform's strongest features (and still is, on the baselayer). The concept of “money legos” allowed developers and users to stack and integrate various protocols effortlessly. However, with the rise of rollup clusters and L2s in general, this once smooth experience has become more difficult to navigate for users. This fragmentation poses a significant challenge to the Ethereum community, especially as other blockchains like Solana offer more unified environments. Solana's approach, which prioritizes a single, contiguous ecosystem, has put pressure on Ethereum to address these composability issues. The competition is heating up, and it's clear that for Ethereum to remain at the forefront, it needs to regain that seamless user experience. So, we invited Jill Gunter from Espresso Systems on the pod after seeing a ton of her written content around making Ethereum composable again. We discussed the why behind Ethereum scaling, more than the how, which was a refreshing feel out of the weeds. Towards the end, we did get into the tech of Espresso, which is building coordination system for block building via a marketplace approach. This allows different rollups to opt in and out as needed, offering flexibility while maintaining the benefits of coordinated block building. We also asked Jill if Espresso is a shared sequencer...and the answer was pretty funny. We also asked what the next big hurdle is going to be once the Ethereum L2 landscape is re-bundled back together. Hope you enjoy. Website: https://therollup.co/ Spotify: https://open.spotify.com/show/1P6ZeYd.. Podcast: https://therollup.co/category/podcast Follow us on X: https://www.x.com/therollupco Follow Rob on X: https://www.x.com/robbie_rollup Follow Andy on X: https://www.x.com/ayyyeandy Join our TG group: https://t.me/+8ARkR_YZixE5YjBh The Rollup Disclosures: https://therollup.co/the-rollup-discl
In this episode, Ben Fisch, CEO of Espresso Systems, delves into the complexities of rollup interoperability and shared sequencing. He explains Espresso's innovative two-component system: a fast finality service and a marketplace for sequencing rights. The discussion covers the benefits of coordinated sequencing, challenges in crosschain communication, and the potential for synchronous composability across different blockchain ecosystems. Ben also addresses concerns about MEV exposure and outlines strategies for balancing risks and benefits in this evolving landscape. - - Follow Ben: https://x.com/benafisch Follow Rex: https://x.com/LogarithmicRex Follow nosleepjon: https://x.com/nosleepjon Follow Expansion: https://x.com/ExpansionPod_ Subscribe on YouTube: https://www.youtube.com/@expansionpod Subscribe on Apple: http://apple.co/4bGKYYM Subscribe on Spotify: http://spoti.fi/3Vaubq1 Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Join us at Permissionless III Oct 9-11. Use code: EXPANSION10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Timestamps: (00:00) Introduction (02:55) Shared Sequencing Landscape Today (06:02) Base Sequencing (17:39) Permissionless III Ad (19:11) Shared Sequencing Marketplace (32:55) Rise of Superchains (43:46) Standards of Crosschain Communication (48:41) MEV Exposure - - Disclaimer Expansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.
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. Here's some additional links for this episode: Episode 222: Something Brewing with Jill Gunter and Ben Fisch from Espresso Systems (https://zeroknowledge.fm/222-2/) Episode 139: Findora with Benedikt Bunz and Ben Fisch (https://zeroknowledge.fm/139-2/) Episode 88: Accumulators with Ben Fisch (https://zeroknowledge.fm/88-2/) CAPE: Configurable Asset Privacy for Ethereum (https://medium.com/@espressosys/cape-configurable-asset-privacy-for-ethereum-71919935643b) CAPE GitHub by Espresso Systems (https://github.com/EspressoSystems/cape) Astria Website (https://www.astria.org/) The Future of MEV is SUAVE by Flashbots (https://writings.flashbots.net/the-future-of-mev-is-suave) Optimism by Superchain (https://app.optimism.io/superchain/) Ben Fisch - Beyond the Base Layer at EthDenver (https://www.youtube.com/watch?v=UhLnX1t2GXU) EigenDA (https://docs.eigenlayer.xyz/eigenda/overview) Episode 188: Analyzing Osmosis & Preventing MEV with Sunny and Dev (https://zeroknowledge.fm/188-2/) Episode 216: A Dip into the Mempool & MEV with Project Blanc (https://zeroknowledge.fm/216-2/) Episode 243: Dive Back into MEV with Alex Stokes and Chris Hager (https://zeroknowledge.fm/243-2/) Episode 291: MEV, Mechanism Design & the Censorship Problem with Mallesh M Pai (https://zeroknowledge.fm/291-2/) Aggregated Blockchains: A New Thesis by Polygon (https://polygon.technology/blog/aggregated-blockchains-a-new-thesis) Based rollups—superpowers from L1 sequencing by Ethereum Research (https://ethresear.ch/t/based-rollups-superpowers-from-l1-sequencing/15016) MEV-Boost GitHub (https://github.com/flashbots/mev-boost) The next ZK Hack IRL is happening May 17-19 in Kraków, apply to join now at zkkrakow.com (https://www.zkkrakow.com/). Launching soon, Namada (https://namada.net/) is a proof-of-stake L1 blockchain focused on multichain, asset-agnostic privacy, via a unified shielded set. Namada is natively interoperable with fast-finality chains via IBC, and with Ethereum using a trust-minimised bridge. Follow Namada on Twitter @namada (https://twitter.com/namada) for more information and join the community on Discord discord.gg/namada (http://discord.gg/namada). Aleo (http://aleo.org/) is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup. Dive deeper and discover more about Aleo at http://aleo.org/ (http://aleo.org/). If you like what we do: * Find all our links here! @ZeroKnowledge | Linktree (https://linktr.ee/zeroknowledge) * Subscribe to our podcast newsletter (https://zeroknowledge.substack.com) * Follow us on Twitter @zeroknowledgefm (https://twitter.com/zeroknowledgefm) * Join us on Telegram (https://zeroknowledge.fm/telegram) * Catch us on YouTube (https://zeroknowledge.fm/)
Ben Fisch is the Co-founder & CEO of Espresso Systems. Ben's Twitter: / benafisch Espresso Systems's Twitter: / espressosys Espresso Systems's Website: https://www.espressosys.com/ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: https://frictionless.fund/ ___
This is my conversation with Rebecca Rettig and Michael Mosier. Rebecca is the Chief Legal and Policy Officer at Polygon Labs. Michael is cofounder of Arktouros and partner at Ex Ante.Timestamps:- 00:00:00 intro- 00:01:38 sponsor: Privy- 0:02:59 Rebecca's background, the Silk Road case, Aave, Polygon- 00:07:22 Michael's background, Department of Justice, FinCEN, Espresso Systems, the White House, ex/ante - 00:15:12 the current regulatory regime, Bank Secrecy Act, sanctions laws, miners/validators- 00:29:30 sponsor: Optimism- 00:30:40 genuine DeFi vs onchain CeFi, critical infrastructure- 00:44:54 Uniswap contracts, app vs protocol, wallet risk scoring, OFAC, Lazarus Group- 00:54:19 the Security Alliance (SEAL), white hats, working with the FBI- 01:08:04 why do this work, the ability to innovate in the US is a freedom- 01:12:13 crypto policy bootcamp- 01:14:00 outroThank you to our sponsors for making this podcast possible:Optimism - https://optimism.ioPrivy - https://privy.ioInto the Bytecode:Twitter - https://twitter.com/sinahabFarcaster - https://warpcast.com/sinahabOther episodes - https://intothebytecode.comDisclaimer: this podcast is for informational purposes only. It is not financial advice or a recommendation to buy or sell securities. The host and guests may hold positions in the projects discussed.
Ethereum developers successfully launch the Holesky testnet. Pyth Network releases a 2.0 whitepaper. Espresso Systems and Caldera launch Vienna. And VanEck prepares to launch its ETH ETF.
The Daily Gwei Refuel gives you a recap every week day on everything that happened in the Ethereum and crypto ecosystems over the previous 24 hours - hosted by Anthony Sassano. Timestamps and links to topics discussed: https://daily-gwei-links.vercel.app/recent 00:00 Introductory song 00:10 Big Geth update https://twitter.com/go_ethereum/status/1701554416485056533 05:40 Ethereum Cat Herders update https://twitter.com/EthCatHerders/status/1701295024225370309 07:00 Two Tiered staking https://twitter.com/mikeneuder/status/1701224774884643167 13:08 On Vitalik being sim swapped https://twitter.com/dwr/status/1701396315371110675 17:40 Chainlink CCIP showcase https://twitter.com/shamaan_eth/status/1701186982280368509 19:26 Offchain Labs and Espresso Systems partner tup https://twitter.com/OffchainLabs/status/1701317186453905799 21:14 The clown world that is the U.S https://twitter.com/sassal0x/status/1701414112956461060 26:09 Bankless EAS podcast https://twitter.com/BanklessHQ/status/1701224563122815301 27:01 Lots of hiring going on in the bear https://twitter.com/jobsincrypto/status/1701445542910284078 28:05 Do you remember what a bull market feels like? https://twitter.com/sassal0x/status/1701444465494520165 This episode is also available on YouTube: https://youtu.be/9V5tC2ce3Rk Subscribe to the newsletter: https://thedailygwei.substack.com/ Subscribe on YouTube: https://www.youtube.com/channel/UCvCp6vKY5jDr87htKH6hgDA/ Follow Anthony on Twitter: https://twitter.com/sassal0x Follow The Daily Gwei on Twitter: https://twitter.com/thedailygwei Join the Discord Channel: https://discord.gg/4pfUJsENcg DISCLAIMER: All information presented across all of The Daily Gwei's communication channels is strictly for educational purposes and should not be taken as investment advice.
Synapse Chain goes live on testnet. Safe deploys on Polygon ZK-EVM. Offchain Labs partners with Espresso Systems. And Uniswap releases a feature to detect fee on transfer tokens.
Espresso Systems integrates the OP Stack. Aztec Network introduces privacy abstraction. The CFTC files charges against three DeFi protocols. And Synthetix extends OP incentives for perpetual traders.
Jill is a co-founder of Espresso Systems. On this episode, we do an accessible deep dive into what happens after you submit a transaction. Jill explains the memepool, MEV, sequencers, different types of L2s, and more. - - This episode is sponsored by Forefront ‒ a community and media network for the explorers, builders, and artists at the frontier of collective creation onchain. Subscribe to the Forefront newsletter at forefront.market/subscribe. - - Follow Jill: https://twitter.com/jillrgunter Follow Chase: https://twitter.com/chaserchapman Follow On the Other Side: https://twitter.com/ontheOSpod Subscribe on YouTube: https://bit.ly/3pJInKm Subscribe on Apple: https://apple.co/3M7wHbP Subscribe on Spotify: https://spoti.fi/3pMRbiM - - Disclaimer: Nothing said on On The Other Side is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Chase and our guests may hold positions in the companies, funds, or projects discussed.
QiDao introduces a cross-chain Safe module. Espresso Systems publicly releases its Doppio testnet. Argent releases a Starknet web wallet. And Optimism releases a fee estimation package. Read more: https://ether.fm/267
Worldcoin migrates to OP Mainnet. Espresso Systems launches its Doppio testnet. Core developers address edge cases with EIP-6780. And Balancer launches liquidity pools for GHO. Read more: https://ether.fm/689
In this week's episode, Anna Rose (https://twitter.com/annarrose) dives back into accumulation schemes with Benedikt Bünz (https://twitter.com/benediktbuenz) and Binyi Chen (https://twitter.com/Charles_Chen533) from Espresso Systems (https://espressosys.com/). They discuss ProtoStar and how it compares to works such as Nova and HyperNova, as well as explore some definitions for commonly used terms in the accumulation literature. Here's some additional links for this episode: Espresso Systems CAPE (https://docs.espressosys.com/cape) Espresso Sequencer (https://hackmd.io/@EspressoSystems/EspressoSequencer) Bulletproofs: Short Proofs for Confidential Transactions and More by Bünz, Bootle, Boneh, Poelstra, Wuille and Maxwell (https://eprint.iacr.org/2017/1066.pdf) Verifiable Delay Functions by Boneh, Bonneau, Bünz and Fisch (https://eprint.iacr.org/2018/601.pdf) HyperPlonk: Plonk with Linear-Time Prover and High-Degree Custom Gates by Chen, Bünz, Boneh and Zhang (https://eprint.iacr.org/2022/1355) Protostar: Generic Efficient Accumulation/Folding for Special-sound Protocols by Bünz and Chen (https://eprint.iacr.org/2023/620.pdf) Proof-Carrying Data without Succinct Arguments by Bünz, Chiesa, Lin, Mishra and Spooner (https://eprint.iacr.org/2020/1618.pdf) Proof-Carrying Data from Accumulation Schemes by Bünz, Chiesa, Mishra, and Spooner (https://eprint.iacr.org/2020/499) Multivariate lookups based on logarithmic derivatives by Haböck (https://eprint.iacr.org/2022/1530.pdf) Halo Infinite: Proof-Carrying Data from Additive Polynomial Commitments by Boneh, Drake, Fisch, Gabizon (https://eprint.iacr.org/2020/1536.pdf) Incrementally Verifiable Computation or Proofs of Knowledge Imply Time/Space Efficiency by Valiant (https://www.cs.purdue.edu/homes/pvaliant/uniqueCS.pdf) Recursive Proof Composition without a Trusted Setup by Bowe, Grigg, and Hopwood (https://eprint.iacr.org/2019/1021.pdf) Episode 40: Benedikt Bünz on Bulletproofs and Verifiable Delay Functions (https://zeroknowledge.fm/40-2/) Episode 277: Nova and Beyond with Srinath Setty (https://zeroknowledge.fm/277-2/) Check out the ZK Jobs Board here: ZK Jobs (https://jobsboard.zeroknowledge.fm/). Find your next job working in ZK! Aztec Network (https://aztec.network/) is building a next-generation encrypted blockchain powered by Ethereum. The team is proud to announce Noir (https://aztec.network/noir) - the world's first universal zk-language. Noir makes it safe and intuitive to write zk circuits and encrypted smart contracts, enabling novel use-cases like encrypted DeFi, private governance, and zk gaming. As a universal language, Noir is domain-specific, but blockchain agnostic. Build powerful zk applications compatible with multiple proving systems and verify your program on any EVM chain. Get started with Noir today at docs.aztec.network/noir (https://docs.aztec.network/noir) If you like what we do: * Find all our links here! @ZeroKnowledge | Linktree (https://linktr.ee/zeroknowledge) * Subscribe to our podcast newsletter (https://zeroknowledge.substack.com) * Follow us on Twitter @zeroknowledgefm (https://twitter.com/zeroknowledgefm) * Join us on Telegram (https://zeroknowledge.fm/telegram) * Catch us on YouTube (https://zeroknowledge.fm/)
Espresso Systems proposes a sequencer design for Aztec. Coinbase launches Wallet as a Service to mainnet. Offchain Labs writes a working fraud prover for Stylus. And Matcha introduces Matcha Auto. Read more: https://ethdaily.io/631
Kim Hamilton Duffy is Centre's Director of Identity and Standards. The Centre Consortium, an independent standard-setting body for the crypto ecosystem created by Coinbase and Circle. Centre launched an innovative set of decentralized identity protocols, called Verite, to address this question of how to protect our digital identities. Verite is designed to give people and organizations direct control over how, when, and where their personal information is shared in the crypto economy. The standards can protect individuals' digital identities for new blockchain-based apps in the next era of the internet. Algorand, Alkemi, Block, Coinbase, Circle, Compound Labs, ConsenSys, Espresso Systems, FTX, Hedera Hashgraph, Ledger, MetaMask Institutional, Phantom Technologies, Solana Foundation, Spruce, and Stellar Development Foundation have already committed to collaborating on shared decentralized identity standards using Verite.
In this episode, Anna (https://twitter.com/annarrose) explores the topic of the recent OFAC sanctions against Tornado Cash with 2 interviews: One is with TuongVy Le (https://twitter.com/TuongvyLe12), Head of Regulatory and Policy at Bain Capital Crypto (https://twitter.com/baincapcrypto), who previously worked at the SEC and the other is with Michael Mosier (https://twitter.com/M_Mosier_), General Council at Espresso Systems (https://twitter.com/EspressoSys), who used to work at the Treasury, within FinCen and at OFAC itself. For some context: On August 8th 2022, OFAC, a US government department issued sanctions against Tornado Cash, a privacy protocol that uses zero knowledge proofs to provide on-chain privacy. It was the first time that OFAC had sanctioned a set of smart contracts and a decentralized entity for which there's no clear ownership. This is an event which has had a ripple effect throughout the zk ecosystem and will be the topic explored in a series with different members of the community. In these two initial interviews, Anna explores what actually happened legally, what a sanction is, what kind of a tool is this, why it may have been issued and what problem arose from the way it was issued and how this might impact future understanding of zero knowledge tech through a legal lens. _NOTE: Since our recording OFAC has released an FAQ to clarify some of the legal questions raised in our interviews: https://home.treasury.gov/taxonomy/term/1546 _ Here are some additional links for this episode: * Episode 111: Mixers with Tornado.cash (https://zeroknowledge.fm/111-2/) * Episode 166: Coin Center's Peter Van Valkenburgh on regulation (https://zeroknowledge.fm/166-2/) * Episode 191: ZKPs & the Dichotomy of Privacy vs Transparency with Josh & Jill (https://zeroknowledge.fm/191-2/) * Chainanalysis: Crypto Mixer Usage Reaches All-time Highs in 2022, With Nation State Actors and Cybercriminals Contributing Significant Volume (https://blog.chainalysis.com/reports/crypto-mixer-criminal-volume-2022/) * Circle and Coinbase Restrict Movement of USDC Funds From Tornado Cash Addresses Following Sanctions (https://crypto.news/circle-and-coinbase-restrict-movement-of-usdc-funds-from-tornado-cash-addresses-following-sanctions/) * Rep. Emmer demands an explanation of OFAC's Tornado Cash sanction from Sec. Yellen (https://cointelegraph.com/news/rep-emmer-demands-an-explanation-of-ofac-s-tornado-cash-sanction-from-sec-yellen) * What is OFAC? (https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information) * OFAC Press Release on Tornado Cash (https://home.treasury.gov/news/press-releases/jy0916) * OFAC Identifies Associated Digital Currency Addresses for the First Time (https://home.treasury.gov/news/press-releases/sm556) * Treasury Sanctions Russia-Based Hydra (https://home.treasury.gov/news/press-releases/jy0701) * Blender.io Sanctions (https://home.treasury.gov/news/press-releases/jy0768#:~:text=WASHINGTON%20%E2%80%93%20Today%2C%20the%20U.S.%20Department,laundering%20of%20stolen%20virtual%20currency.) * The Bank Secrecy Act (https://www.fincen.gov/resources/statutes-and-regulations/bank-secrecy-act) * 311 Patriot Act (https://home.treasury.gov/policy-issues/terrorism-and-illicit-finance/311-actions) * FinCEN: Financial Crimes Enforcement Network (https://www.fincen.gov/) * Application of FinCEN's Regulations to Certain Business Models Involving Convertible Virtual Currencies (https://www.fincen.gov/sites/default/files/2019-05/FinCEN%20Guidance%20CVC%20FINAL%20508.pdf) ZK Whiteboard Sessions (https://zkhack.dev/whiteboard/) – as part of ZK Hack and powered by Polygon – a new series of educational videos that will help you get onboarded into the concepts and terms that we talk about on the ZK front. ZK Jobs Board (https://jobsboard.zeroknowledge.fm/) has a fresh batch of open roles from ZK-focused projects. Find your next opportunity working in ZK! Today's episode is sponsored by Polygon (https://polygon.technology/). Introducing Polygon zkEVM. Polygon's vision for zkEVM is simple: developers can deploy any Ethereum smart contract to a Layer 2 and benefit from the scaling power of ZK proofs. Public testnet is coming soon! If you'd like to learn more about Polygon zkEVM and stay updated on the latest - fill out the form here. (https://polygon.technology/buildonzkevm) If you like what we do: * Find all our links here! @ZeroKnowledge | Linktree (https://linktr.ee/zeroknowledge) * Subscribe to our podcast newsletter (https://zeroknowledge.substack.com) * Follow us on Twitter @zeroknowledgefm (https://twitter.com/zeroknowledgefm) * Join us on Telegram (https://zeroknowledge.fm/telegram) * Catch us on Youtube (https://zeroknowledge.fm/) * Head to the ZK Community Forum (https://community.zeroknowledge.fm/) * Support our Gitcoin Grant (https://zeroknowledge.fm/gitcoin-grant-329-zkp-2)
The US Treasury's sanctions on Tornado Cash could go down as one of the most significant events in crypto's history. The implications and nuances are vast, so we've decided to do something a little different for today's episode. On August 12th, Jill Gunter and Michael Mosier from Espresso Systems hosted a Twitter Space on Tornado's sanctions, financial privacy and regulation. We've teamed up with Jill and Michael to share this epic conversation with a wider audience. This is a massive episode, almost 3 hours, but it's full of profound insights and has an all-star lineup of speakers. I highly recommend listening if you want to learn more about the recent sanctions and where regulation is heading! Shoutout to @f1v3am and @nedbgq, who provided a recording of the conversation and made this episode possible. -- Follow Jill: https://twitter.com/jillrgunter Follow Michael: https://twitter.com/M_Mosier_ Follow Empire: https://twitter.com/theempirepod -- Resources Link to the original Twitter Space https://twitter.com/jillrgunter/status/1558150917387534336
A re-broadcast of our episode featuring Greylock investor Seth Rosenberg's interview with the co-founders of Espresso Systems, which provides configurable privacy and scalability tools for Web3. The company is operating at a critical time for privacy within Web3. Recently, the U.S. Treasury imposed sanctions on Tornado Cash, a mixer platform that enables cryptocurrency transactions. The regulatory action marks the first time authorities have imposed sanctions on computer protocols (code) rather than individuals or wallets. This represents a key moment for the industry and raises questions on the right approach to regulation and how developers can enable important use cases with privacy. Rosenberg originally spoke with co-founders Charles Lu and Benedikt Bunz in March, when the company came out of stealth with a Series A co-led by Greylock and Electric Capital. In light of the regulatory action on Tornado, Rosenberg caught up with co-founder Jill Gunter to discuss the increased importance for privacy tools within the web3 industry. You can read Seth's original blog post about the investment and the transcript from the podcast here: greylock.com/portfolio-news/pri…lability-for-web3/
This episode is sponsored by Nexo.io, Chainalysis, FTX US and NEAR. NLW is joined today by Jill Gunter, the chief strategy officer at Espresso Systems. In this conversation, they discuss why the U.S. Treasury Department might have chosen an action that seemingly leaves them open to much legal recourse, and why part of the answer might be technological not political. - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world's most high-profile criminal cases. For more information, visit www.chainalysis.com. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR's fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter's mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register: coindesk.com/ideas - Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW - “The Breakdown” is written, produced by and features Nathaniel Whittemore, aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
The investor and crypto privacy entrepreneur reflects on the Tornado Cash sanctions.This episode is sponsored by Nexo.io, Chainalysis, FTX US and NEAR.NLW is joined today by Jill Gunter, a co-founder of the Open Money Initiative, a venture partner at Slow Ventures and the chief strategy officer at Espresso Systems. In this conversation, they discuss why the U.S. Treasury Department might have chosen an action that seemingly leaves them open to much legal recourse, and why part of the answer might be technological not political. -Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.-Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world's most high-profile criminal cases. For more information, visit www.chainalysis.com.-FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.-NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR's fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org.-I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter's mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register: coindesk.com/ideas-“The Breakdown” is written, produced by and features Nathaniel Whittemore, aka NLW, with editing by Rob Mitchell and Eleanor Pahl. Research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On this week's episode of The Encrypted Economy, our guest is Benedikt Bünz, Chief Scientist at Espresso Systems. We discuss the state of crypto and the place for innovative technology like Zero Knowledge Proofs in the next era of the economy. Be sure to subscribe to The Encrypted Economy for more perspective on the revolutionary products that will help build a better world.Topics Covered: · Introduction· Benedikt's Background· Introduction to Zero Knowledge Proofs· Tradeoffs with ZKP· Why Optimistic Rollups?· Intersection Between ZKP and Homomorphic Encryption· The True Value of Trusted Execution Environments· Logical Next Steps for Encryption Tech· Intro to Espresso Systems · How Does Espresso Retain Privacy in Stablecoin Holders? · Differentiators of Espresso· Use Cases for Espresso Products Resource List:· Benedikt's LinkedIn· Benedikt's Twitter· Benedikt's Publications· Espresso Systems· Espresso Systems Twitter· CAPE· Michael Mosier Episode· Zero Knowledge Proofs· Optimistic Rollup· Homomorphic Encryption· Ethereum Scalability IssuesFollow us on your favorite platforms! Twitter LinkedIn Instagram Facebook
Michael Mosier (@M_Mosier) is the General Counsel at ESPRESSO Systems, a scaling & privacy solution for Web3 applications. Michael was formerly the first in-house Counsel at cryptocurrency analytics and investigations firm Chainalysis. Michael was previously Acting Director, as well as permanent Deputy Director & Digital Innovation Officer of the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department. As Acting Director, he oversaw FinCEN's wide-ranging work to promote financial integrity and national security. As Digital Innovation Officer, he was dedicated to advancing FinCEN's engagement with emerging technology and financial innovation. Previously, Michael served as Associate Director at Treasury's Office of Foreign Assets Control (OFAC). Before joining Treasury, Michael was Deputy Chief in the Department of Justice's Money Laundering & Asset Recovery Section. He also served a tour at the White House National Security Council as Director for Transnational Organized Crime. In this episode, we discuss his career in public service, what FinCEN is and why it's important, and what the future of privacy looks like in America. Show highlights: [1:50] Genesis Block [7:00] FinCEN [14:00] Money Laundering & Crypto [23:00] Privacy [29:00] Espresso Systems [35:00] General Counsel Role [44:00] Habits & Life Advice Thanks for listening! If you enjoyed this episode, please consider leaving a review. You can subscribe to our newsletter to stay updated on the latest episodes. Disclaimer: Jacob Robinson and his guests are not your lawyer. Nothing herein or mentioned on the Law of Code podcast should be construed as legal advice. The material published is intended for informational, educational, and entertainment purposes only. Please seek the advice of counsel, and do not apply any of the generalized material to your individual facts or circumstances without speaking to an attorney.
Welcome back, this week Lucas and Anita break down the chaotic rollout of Ethereum's biggest drop yet — a virtual land sale for the Bored Apes metaverse. The startup behind it banked more than $400 million in the sale, but the auction of land tiles called Otherdeeds brought the Ethereum blockchain to a crashing halt, leaving users paying exorbitant transaction fees worth thousands and tens of thousands of dollars just to buy themselves some monkey land.Beyond that, they discuss Wikipedia's abandonment of crypto donations after a vote from the Wikimedia Foundation's editors and how the SEC is bulking up its crypto crime division with a few new hires that are tasked with the daunting challenge of policing web3.In their interview this week, Lucas and Anita chat with Jill Gunter. Jill is a crypto VC at Slow Ventures and the co-founder of Espresso Systems — a startup building a privacy-centric blockchain. Listen along as they get her take on why there are so many blockchains out there and whether we're headed towards a future where one blockchain rules them all.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Jill Gunter is the co-founder and chief strategy officer at scaling solution Espresso Systems and a venture partner at Slow Ventures. She became interested in Bitcoin via her experience with Latin American markets — which is somewhat of a pattern in the space. She was a debt trader at Goldman Sachs, focusing on Argentina and Venezuelan bonds, and saw crypto's potential to help those in corrupt or repressive regimes. She continued exploring how crypto can help skirt currency controls and enable more global and efficient markets, and we discuss how those themes are playing out right now in the war in Ukraine. We talk about how Jill went from Wall Street to crypto, and from VC to founder. Her latest venture is Espresso Systems, which aims to bring scalability and privacy to web3. Thanking our podcast sponsors: 0x/Matcha makes sure you're getting the best possible price by routing trades over various DEXs, without taking commissions. Head over to matcha.xyz/defiant. Eden Network is a next-generation private transaction service for Ethereum, providing traders with MEV protection by submitting transactions directly to miners and away from the prying eyes of harmful bots. 1inch finds the best rates across multiple networks. Why use a single DEX when you can use them all? Find your best deal at 1inch. Sperax has created $USDs, the stablecoin that generates passive income for holders. Thanks to the Auto-Yield feature, it pays to hold $USDs. Try it yourself here!
This episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW is joined by Espresso Systems co-founder and Chief Strategy Officer Jill Gunter. She is also an investor with Slow Ventures and the former co-founder of the Open Money Initiative. In this discussion, they cover: The impact of Russia's invasion of Ukraine on crypto and the global money system The evolution of the crypto industry since the last crypto winter Changing consumer expectations around privacy And more Find our guest on Twitter: @jillrgunter - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now. - Arculus™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer and more secure solution to store, send, receive, buy and swap your crypto. Buy now at amazon.com. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - Consensus 2022, the industry's most influential event, is happening June 9–12 in Austin, TX. If you're looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022. Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: paparazzit/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
The Expresso Systems strategist joins to discuss bitcoin, macro, politics and more. This episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW is joined by Espresso Systems co-founder and Chief Strategy Officer Jill Gunter. She is also an investor with Slow Ventures and the former co-founder of the Open Money Initiative. In this discussion, they cover:The impact of Russia's invasion of Ukraine on crypto and the global money system The evolution of the crypto industry since the last crypto winter Changing consumer expectations around privacy And more Find our guest on Twitter: @jillrgunter -From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now.-Arculus™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer and more secure solution to store, send, receive, buy and swap your crypto. Buy now at amazon.com.-FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.-Consensus 2022, the industry's most influential event, is happening June 9–12 in Austin, TX. If you're looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: paparazzit/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Jill Gunter grew up in the Boston area in a financially-savvy household, with both parents working in banking. Her mom, a quantitative options trader, was an inspiration for her that she could go to Wall Street too if she wanted. After realizing her diminutive frame made her perfect to be a coxswain on the crew team at her high school, she developed a love of rowing. She began her career at Goldman Sachs and saw firsthand some of the shortcomings of the traditional financial system's infrastructure. When she learned about Bitcoin and then Ethereum the possibilities to create an alternative monetary system was too good to pass up. She has advised the International Monetary Fund and the World Bank on cryptocurrencies and served as head of business development at Chain. Now she's the chief strategy officer at Espresso Systems, a privacy-focused blockchain that will first be available as an add-on to Ethereum applications before the layer one launches later int he future. Jill is one of the smartest and most interesting folks you'll come across in crypto, as well as one of the nicest. Learn more about Espresso Follow Jill on Twitter Jill's profile on LinkedIn
This week, Anna (https://twitter.com/AnnaRRose) and Tarun (https://twitter.com/tarunchitra) chat with Jill Gunter (https://twitter.com/jillrgunter) and Ben Fisch (https://twitter.com/benafisch) from Espresso Systems (https://www.espressosys.com/). Espresso recently went public with their Proof-of-Stake Layer 1 blockchain, developed with flexible private applications and ZK rollups in mind. In this conversation, they explore the founding and development of the project, the Espresso chain and CAPE - a wrapped privacy smart contract application that is designed to be deployed on Espresso. They also discuss the programming model, the evolution of privacy technology, what configurable or flexible privacy means, the Espresso roadmap and more. Here are some links for the episode: - Episode 88: Accumulators with Ben Fisch (https://zeroknowledge.fm/88-2/) - Episode 191: ZKPs & the Dichotomy of Privacy vs Transparency with Josh & Jill (https://zeroknowledge.fm/191-2/) - Episode 208: Digging into Data Availability with Ismail Khoffi from Celestia (https://zeroknowledge.fm/208-2/) - Fraud and Data Availability Proofs: Maximising Light Client Security and Scaling Blockchains with Dishonest Majorities (https://arxiv.org/abs/1809.09044) - Episode 219: Scaling Ethereum with Polygon's Mihailo Bjelic (https://zeroknowledge.fm/219-2/) ZKValidator and 0xPARC bring you a ZK Tech Side Round GR13 on Gitcoin from now until March 24th. Donations made during this period are matched from matching pools so your donations go a lot further. Head over to Gitcoin (https://gitcoin.co/grants/) today! Also check out the ZK Podcast Gitcoin while you are there! https://gitcoin.co/grants/329/zero-knowledge-podcast ZK Jobs Board is a great place to find job openings from some of the top zk teams! https://jobsboard.zeroknowledge.fm/ Today's episode is sponsored by Anoma. Anoma (https://anoma.network/) is a suite of protocols that enable self-sovereign coordination. Their unique architecture facilitates efficiently the simplest forms of economic coordination such as two parties transferring an asset to each other. As well as more sophisticated ones like an asset agnostic bartering system involving multiple parties without direct “coincidence of wants”; or even more complex ones such as “N-party” collective commitments to solve multipolar traps – where any interaction can be performed with adjustable zero-knowledge privacy. To learn more about Anoma visit their website at anoma.network (https://anoma.network/). Anoma is also hiring visit heliax.dev/jobs (https://heliax.dev/jobs/) to learn more about their openings. If you like what we do: Follow us on Twitter - @zeroknowledgefm (https://twitter.com/zeroknowledgefm) Join us on Telegram (https://t.me/joinchat/TORo7aknkYNLHmCM) Catch us on Youtube (https://www.youtube.com/channel/UCYWsYz5cKw4wZ9Mpe4kuM_g) Read up on the r/ZKPodcast subreddit (https://www.reddit.com/r/zkpodcast) Give us feedback! -https://forms.gle/iKMSrVtcAn6BByH6A Support our Gitcoin Grant (https://gitcoin.co/grants/329/zero-knowledge-podcast-2) Support us on the ZKPatreon (https://www.patreon.com/zeroknowledge) Donate through coinbase.commerce (https://commerce.coinbase.com/checkout/f1e56274-c92b-4a99-802f-50727d651b38)