Corey, D, and Jesse chat with Ameen about the motivations behind Privacy Pools, historical references including Tornado Cash and Z Cash, as well as the mechanics and tradeoffs associated with the approach. Topics Covered in this episode: Motivations and history –...
Corey, D, and Jesse chat with Ameen about the motivations behind Privacy Pools, historical references including Tornado Cash and Z Cash, as well as the mechanics and tradeoffs associated with the approach.
Topics Covered in this episode:
Motivations and history – Ethereum, Coinbase, Tornado Cash, zk-SNARKs, Zcash.How Privacy Pools work – Setup, deposits, association sets, analysisComplexities and Challenges in added infrastructure and coordinationResponsibilities and complianceOpen source development and how to get involvedJOIN THE COMMUNITY
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RESOURCES:
Fundraiser for Roman Storm and Alex Pertsev
TIMESTAMPS
00:00 Intro
5:00 Introducing Amen
6:30 Why dive into privacy now?
8:25 Corey’s interpretation and background to the Privacy Pools paper
11:35 Ameen's motivations for Privacy Pools - history of Ethereum, Coinbase, zk snarks, Z Cash
11:50 Tornado Cash compliance tool and enhancing the power of compliance
17:30 Is privacy all or nothing?
20:30 Mechanics of the privacy pool setup. Deposits, association sets, analysis
22:15 Week long dispute of proofs and tradeoffs
24:00 Versions of Privacy Pools, shielded pools, z-cash comparison
27:00 Maintaining decentralization while working in different jurisdictions
28:46 The consequences and challenges of building on open systems vs base layer privacy
32:15 Additional coordination complexity and anonymity sets
34:35 “Goblins” or small scale thefts and edge case hacks
39:15 Who will manage the burden of infrastructure? Wallets and important role of relayers.
46:40 Are Association Set Providers a new set of core users?
51:00 Narratives are powerful for positive use cases to prevail
51:58 Who is responsible for judging the association sets of the association set providers?
56:00 Privacy Pools is just better than the status quo
56:37 Open source developers working in the space with OFAC. Tornado Cash
1:02:40 Describe Privacy Pools in ten words or less
1:03:20 Is what you do difficult?
1:05:20 Roundtable with Corey, D, and Jesse