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120 sats \ 0 replies \ @patrick 6 Feb 2023 \ on: Zero Knowledge Proofs: An illustrated primer bitcoin
Nice to see this posted on SN. We desperately need to start the discussion about adding ZK (validity) rollups to Bitcoin.
ZK rollups will allow for arbitrary settlement in BTC, which is a huge feature. I.e., you could run entire sidechains or payment networks "off-chain" and have it settle on-chain with much better security guarantees than anything that exists now.
With ZK rollups we could even shrink the blocksize and make the chain easier to run on lower end hardware.
Unfortunately, ZK rollups have already taken off on ETH. The ETH ecosystem obviously does not share the values we have in the Bitcoin ecosystem, but if they have tech like this they could win out (and are currently winning out) on market share for the sorts of applications that require arbitrary settlement. This is not a world we want to live in.
@lightcoin did a great research project on adding zk rollups to bitcoin, details here: https://bitcoinrollups.org/