The Institutional Case for ZKsync with Alex Gluchowski
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I know that it feels like a bear market to to most of, of crypto people. We have a completely different sentiment when we talk to institutional customers. They are excited. Their energy there is going through the roof.
Alex Gluchowski has one goal, onboard half of the world's 10,000 dicks onto the fear him in five years. He's the founder of MatterLabs. The team behind ZK Sync and his latest product, Providium, might just be how it all happens.
We're building systems that cannot be corrupted by people. We made this bet when the entire industry believed that their knowledge proofs was nothing but a toy. And if it works, it can power all of world finance. If your two servers of Circle are compromised, they could mint, like, arbitrary amount of UDCX on the Kanto network. Without anyone being able to to see what's happening, it would be completely silent failure that propagates throughout the app. This is the largest opportunity, I believe, we've seen in the entire history of crypto. Welcome
to the new episode. Today, I'm sitting down with Alex Glukowski. He is the CEO and founder at Matter Labs. You may know it as ZK Sync. Welcome to the show, Alex.
Thank you for having me, yourself.
Thanks a lot for joining. And, you know, I wanted to pick up a couple of days ago, I saw your, podcast with Laura Ashin where you all, Bruce from Canton was also there. Hasid was mediating. I wanted to pick up some threats that I felt, you know, maybe because of the lack of time, you guys couldn't get into the depth of those things, I was really curious as to what your views are on those topics. Right? Let's just clarify the air around what blockchain actually is. Does having public verifiability, you know, one of the very important characteristics of a blockchain?
That's a really good question. There is a misconception about the value of blockchain, and, you know, we use a lot of terms like verifiability and decentralization and permissionless in various contexts, And maybe it's worth zooming out and really looking at this technology, the invention of Satoshi and then Vitalik and others. What it brought us? I think what blockchains really give us is the enforceability of rules independent of trust of third parties. This is the crux of the value proposition. Everything else serves as means to this end. So you have so maybe the best term we could use woul
If we assume that issuer itself is the attacker or issuer itself has been compromised, then how would it work on something like a ZK Sync versus Scantor?
So maybe we begin with describing what ZK Sync actually is building.
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