Alpha Leak | The Bull Case for zkBTC
In this episode, David is joined by John Light of Sovryn and Eric Wall, who moonlights David on the Bitcoin technical details throughout the interview. The three go over the bull case for ZK-Rollups on Bitcoin. It’s undoubtedly the frontier. ------ 📣 Infura | Join the New Decentralized Infrastructure Network Early Access Program www.bankless.cc/infura ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 👯 DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso 🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 📡 TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi 👾 SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence ⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/fuel ----- Topics Covered 0:00 Intro 5:10 John’s Background 8:24 How zkBTC Works? 11:00 Eric’s Interest 15:43 A Better Lightning Network? 21:33 Rollups on ETH vs. Lightning Network 25:50 Rollup Potential 29:24 Optimism 32:15 Expressivity 43:53 Limitless Bitcoin Applications 46:29 Layer 3 Protocols 50:25 What Needs to Happen 52:05 Forks & Flippening Effects 58:00 Proof Systems & Recursive Covenants 1:09:40 Next Steps 1:12:00 Research 1:14:12 Eric’s Thoughts on Bitcoin 1:16:50 Closing & Disclaimers ------ Resources: John Light https://twitter.com/lightcoin Eric Wall https://twitter.com/ercwl Validity Rollups on Bitcoin https://bitcoinrollups.org/ ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures