flâneur

Six Moonshot ZK Applications - gubsheep.eth

gubsheep.substack.com · 2,086 words · saved by 1 readers

In the last three years, we have seen an explosion in application-level innovation on platforms like Ethereum. However, recent work in DeFi and decentralized governance has often focused on iterating on or permuting existing mechanics—in the most uninspiring cases, as Vitalik put it, "giving people tokens, and letting people earn yield on their tokens, and tokenizing the yield, and earning yield on the yield tokens...". While novel project ownership models, improvements on wallet or dapp UX, and experiments with new community incentivization mechanisms are important for pushing adoption forwards, they are less likely to move the bottom line on what is fundamentally possible with decentralized tech. To raise the ceiling on what decentralized applications are even capable of doing, we need to leverage new technology. We believe that new tech like zero-knowledge cryptography will play a key role in a next generation of Ethereum applications. ZK crypto is a powerful and general-purpose too

In the last three years, we have seen an explosion in application-level innovation on platforms like Ethereum. However, recent work in DeFi and decentralized governance has often focused on iterating on or permuting existing mechanics—in the most uninspiring cases, as Vitalik put it, "giving people tokens, and letting people earn yield on their tokens, and tokenizing the yield, and earning yield on the yield tokens...". While novel project ownership models, improvements on wallet or dapp UX, and experiments with new community incentivization mechanisms are important for pushing adoption…

related reading