July 2, 2024

Telos' Path into ZK: John Lilic Chats w/ Alberto & Slobodan

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Recently, John Lilic sat down with Alberto Garoffolo, Head of ZK at Telos and Slobodan Lukovic, CEO at Ponos Technology to discuss exciting developments in zero-knowledge (ZK) technology and the future of blockchain scalability.

Main Takeaways

Importance of Hardware-Software Co-Design

Slobodan emphasized the necessity of integrating hardware and software from the start to achieve high performance and efficiency in blockchain technology. This approach ensures that every aspect of the system is optimized for specific use cases, leading to better scalability and lower costs.

SNARKtor: Enhancing ZK Proof Verification

Alberto discussed SNARKtor's role in making ZK proof verification efficient. By allowing users to share proofs instead of sensitive data, many new use cases become possible on the blockchain. This protects user privacy while enabling compliance with governance rules.

Self-Sovereign Data and User-Generated Proofs on Mobile Devices

Alberto highlighted the importance of self-sovereign data, emphasizing that users should have control over their own data and privacy. He described how enabling users to generate proofs on their mobile devices is crucial for preserving data privacy and making blockchain applications more accessible. The integration of RISC 0 on mobile devices is a significant step towards this goal, allowing users to generate proofs without compromising their personal information.

Proving Markets and Future Developments

Slobodan and Alberto explored the concept of proving markets, where users can bid for proving services based on their needs. The development of efficient and low-cost proving systems will be essential for the growth of these markets. They also discussed the potential of parallelizing on-chain computations to further enhance scalability.

Ethereum and ZK Execution Environments

Alberto shared his thoughts on Ethereum's proof of stake and its current limitations in ZK execution. He emphasized the need for hybrid consensus models and the importance of designing protocols that can leverage ZK technology for higher throughput and efficiency.

Future Roadmap

Both Alberto and Slobodan are optimistic about the future of ZK technology and its applications. They envision a blockchain ecosystem where hardware-accelerated ZKVMs and efficient proving systems enable a wide range of use cases, from self-sovereign identity to decentralized finance.

Stay tuned for more updates on Telos zkEVM.

Disclaimer

The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.

About The Telos Foundation

Telos is a decentralized blockchain ecosystem that includes Telos EVM, which is tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. With its continued focus on helping push forward the global adoption of Zero Knowledge technology, Telos is also currently developing a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, with the goal of enhancing privacy and scalability for global use cases at scale. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.

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