ZeroSync: STARKs for Bitcoinzerosync.org
4632 sats \ 9 comments \ @nout 17 Sep 2023 bitcoin
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20 sats \ 4 replies \ @TheBTCManual 17 Sep 2023
The whole ZK rollups thing is really picking up pace, if there are so many implementations will they be separate environments like the rollups we see on ETH with crappy bridges or will they be interoperable like implementations like LN?
Or will LN have to be the way we bridge the gap between various rollups?
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10 sats \ 1 reply \ @patrick1 17 Sep 2023
If it happens it'll be another sidechain like rootstock or liquid, imo. So there will be a bridge, just like those.
Edit: they do mention wanting to get a zkp verifier into the main chain. That'll be a big uphill battle, I'm sure.
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0 sats \ 0 replies \ @TheBTCManual 17 Sep 2023
Cool thanks, well good luck trying to bootstrap another layer, I imagine it is quite a mission if side chain usage is anything to go by
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0 sats \ 1 reply \ @om 17 Sep 2023
Zerosync is not a rollup though.
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10 sats \ 0 replies \ @TheBTCManual 17 Sep 2023
Sure, I just saw on the link that it mentioned the ability to build validity rollups would be part of the roadmap
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110 sats \ 0 replies \ @elvismercury 17 Sep 2023
Wow, this is badass.
The ZeroSync Association, based in the Swiss canton of Zug, is governed by a board represented as a multi-signature wallet with key holders who have earned a strong reputation in the field of Bitcoin or ZKP systems. The key holders' names are not public as a security measure and to preserve their privacy. If you consider sponsoring ZeroSync, they can contact you to reveal their identities.
Seems like an important and forward-thinking project; interesting to unravel the money behind it.
EDIT: lots of good references at the bottom of the web page. Here's a technical writeup (pdf).
EDIT 2: full chain state proofs only up to 2017, pre-Segwit (bad, but still useful.)
So far, we have implemented the header chain proof and the assumevalid state proof as prototypes. The former is feasible to prove, while the latter still requires performance improvements to prove reasonable-sized blocks. It does not include the SegWit logic yet, a consensus update that activated in August 2017, which means that our current implementation can prove the chain only up to this point. The Taproot update has not been implemented either.
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10 sats \ 0 replies \ @SatoshisVoice 17 Sep 2023
ZeroSync's integration of STARKs into Bitcoin is a groundbreaking step towards addressing some of the network's pressing challenges. By enabling efficient and trustless transaction validation, it can potentially reduce the need for resource-intensive proof-of-work mining, making Bitcoin more eco-friendly for the dumb critics.
Moreover, ZeroSync can enhance privacy by allowing users to transact with greater anonymity, which is crucial in an era of increasing privacy concerns. This innovation could promote mainstream adoption by addressing some of the lingering doubts about Bitcoin's scalability, energy consumption, and privacy features.
However, it's essential to keep in mind that ZeroSync is just one of many proposed solutions for Bitcoin's challenges, and its successful implementation and acceptance by the Bitcoin community will require careful consideration and thorough testing. Nonetheless, it represents a promising avenue for the future development of the world's most prominent blockchain innovation.
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0 sats \ 0 replies \ @BITC0IN 17 Sep 2023
very promising stuff, excited to see where this goes for light weight nodes.
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0 sats \ 0 replies \ @Maximus 17 Sep 2023
Nice 👍
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