PREMIUM - Preston Van Loon, Uma Roy, DeFi Dave | David's Personal Research
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Hey, Bankless Nation. We got some extra weekend content for you here on the Bankless free RSS feed. On this episode, you're gonna hear a compilation from three different guests from three different episodes that all got released on the bankless premium RSS feed. Uma Roy from Succinct, Ethereum core dev Preston Van Loon, and DeFi Dave from Cap Money, a new stablecoin startup that just released a few weeks ago. But you're not gonna hear the whole episodes, just five to eight minute sections that we've cut out from each full length episode, splice them together just to give you a preview, a taste
Yeah. So we've talked a lot about SP one, which is kinda like the core technology that's like the tech platform that enables all this stuff. And then there's
a succinct network, which is how people actually like use something like SP1. So yeah, to talk about who the users are, I would
say that right now there's three major buckets or categories. One is the ZK rollups and L2s. So these are people like the Optimisms, the Basis, the Arbitrums of the world. Vitalik I don't know if you saw the Vitalik tweet where he was like, guys, ZK needs to be a top priority even above stage two. So, yeah, basically every roll up will be a ZK roll up. They're huge consumers of proofs, and they get a lot of benefits from it, like instant or close to instant finality instead of waiting seven days, etcetera, etcetera.
Right.
And cheaper transactions. Right? So it's just a margin. It benefits their margins.
I would say it helps. Like instead of having capital lock by making capital locked up for a shorter amount of time, it helps, like, make the cost of interop a lot cheaper.
Okay.
The other big consumer that I think is really, really exciting, especially given Ethereum's resurgence.
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