The Year Is 2030 & We ALL Use ZKPs
Sound Like A Dream? Hereβs Why That Can Be a Reality
Russian DeFi
May 22, 2023
Zero-knowledge proof (ZKP) is what enables one party to convince another party of a fact's validity without disclosing any additional knowledge beyond the fact itself.
Currently, there is a boom in ZK altcoins due to ZK Tech.
TAKEAWAYS ποΈΒ
ZKP overview
Pros & Cons Of ZKPs
Polygon zkEVM
Airdrops
The last days of Polygon zkEVM beta
Let's take a deep dive to know the whole story through these top ZKP reads.
π€ What are ZKPs Anyway?
A lot has happened...
But some are still confused about what to expect from ZKPs. So, here's a quick rundown on ZKPs by @CryptoKoryo.
ZK is one of the strongest narratives in crypto.
zkGM, zkSNARK, zkSTARK, zkEVM, zkSync, zkDai, zkML
What's the ZK buzz all about?
Time to decode the Zero-Knowledge phenomenon π§΅ππ»
Illustration by @maramakesmemes https://t.co/dyoZ1IjzOy
— Crypto Koryo (@CryptoKoryo)
May 17, 2023
β Pros & Cons Of ZKPs
Picking up a coin means picking both sides.
That same way you can't pick the pros & leave the cons. @Joanwestenberg did an excellent job of identifying them.
Are you ready to scale blockchain to new heights?
Let's talk about zk rollups and their pros, cons, and challenges ππ𧡠https://t.co/pmoHqdBMcr
— Joan Westenberg (@Joanwestenberg)
May 16, 2023
π Polygon zkEVM: Advancing ZKP Tech
Everyone wants a bit of them in their ecosystem.
And @0xPolygonLabs hate to defer with its zkEVM. Hereβs more on this from @DIACommunity.
π Ecosystem Deep Dive - Polygon zkEVM
The hub continues to discuss the most prominent ecosystems out there in this series of deep dives.
In this issue, we take a deep dive into @0xPolygonLabs's zkEVM.
π§΅1/8 https://t.co/GmRawCSGfQ
— DIA Community Hub (@DIACommunityHub)
May 17, 2023
Within a week TVL moved from $5.4M to $9.9M.
Now, it's gonna take @0xPolygonLabs less than 7 days to end its Polygon zkEVM Beta. @NarbTrading.
The last 7 days on Polygon zkEVM Beta...
The new purple chain you should pay attention toπ§΅π https://t.co/INojdIKDYs
— Narb (@NarbTrading)
May 16, 2023
A short thread by @CryptoShiro_ on possible airdrops.
@0xPolygonLabs zkEVM might be next on the line.
Airdrops to hunt this week π§΅
Lot of Airdrop Alpha this week.
Polygon zkEVM Airdrop Confirmed?Today's Strategies & Alpha on:
(Some are limited in time so act fast)βͺοΈ Layer3
βͺοΈ zkSync
βͺοΈ Airdrop List
βͺοΈ LayerZero
βͺοΈ Starknet
βͺοΈ Shardeum
βͺοΈ Linea
βͺοΈ EigenLayer& More πͺπ https://t.co/MXPXicO2vK
— Shiro (@CryptoShiro_)
May 16, 2023
π A 20-Min ScrollZKP Airdrop Strategy
Contributing to this beam is @Scroll_ZKP.
And a record of @OlimpioCryptoβs 20-minute airdrop strategy.
SCROLL TESTNET AIRDROP STRATEGY πβ‘οΈ
@Scroll_ZKP is a zkEVM with an 1.8 billion valuation and no token yet.
How to use Scroll Testnet, deposit in Scroll's AAVE, swap in Scroll's Uniswap v3. No funds are required.
20-minute strategy π§΅π
— olimpio (@OlimpioCrypto)
May 16, 2023
π§βπ¬ Chemical Tokenomics Explained
If 1 molecule of hydrogen is mixed with two molecules of oxygen, it gives water.
Likewise, there's a formula for tokenomics. @RubiksWeb3hub delicately explains Chemical tokenomics.
Soon enough, another trend would start in the DeFi space.
This has to do with Chemical tokens. In whitepapers, you would see;
Zk ββ Ξ±X + Ξ²Y (1)
X + cA k1 ββ T (2)
Y + dA k2 ββ T (3)Confusing?
Join me as I introduce you to Chemical Tokenomics and how it works.
A 𧡠https://t.co/qp2CH885Jt
— βπ¦ππππ€ (βοΈ,βοΈ) (@RubiksWeb3hub)
May 8, 2023
These are just a few reads to start with.
But there are additional research papers and advancements in the field of zk technology.